Based on the latest analyses and predictions of the Bitcoin market (June 2025), the bullish trend of #BTC has not yet concluded, but is in a consolidation phase with possible short-term corrections before a sustained rally. Here are the key details:
1. Current Market Situation (June 2025)
- Current price: ~$99,223 (slight correction from the all-time high of $109,464 in January 2025).
- Current phase: Consolidation in the range of $104,000–$107,000, considered an accumulation zone before a possible bullish breakout.
- Technical indicators:
- RSI at ~64.7 (close to the overbought zone, but with no signs of extreme exhaustion).
- MACD shows weakening momentum, but bullish crosses in moving averages (50 days over 200 days) support the long-term bullish trend.
2. Factors Supporting the Continuation of the Bullish Cycle
- Institutional adoption: Spot ETFs have accumulated 1.14 million BTC ($39 billion in net flows), injecting constant demand.
- 2024 Halving: The effect of emission reduction (3.125 BTC/block) usually drives prices 12–18 months later, aiming for highs in 2025-2026.
- Macro context: Possible Fed rate cuts in 2025 and pro-crypto policies in the U.S. (e.g. strategic BTC reserve) could catalyze new rallies.
- On-chain data: Net outflow of BTC from exchanges (50,000 BTC in April 2025), a sign of accumulation by "HODLers."
3. Short and Medium Term Perspectives
- Short term (June-July 2025):
- Technical correction towards $78,500–$85,000 possible, but with strong support at $82,000–$83,000.
- Predictions for July point to a rally towards $105,000–$114,000.
- Medium term (second half of 2025):
- Analysts' consensus projects highs between $120,000–$200,000, especially in November-December.
- Signals like the Optimized Trend Tracker (OTT) suggest an imminent bullish breakout, similar to past cycles.
4. Risks and Warnings
- Deep corrections: If BTC loses support at $69,000–$75,000, a bearish market could be anticipated.
- External factors: U.S. tariff policies, Fed interest rates, or adverse regulations could slow down the momentum.
- Elliott Wave Theory: Some traders like Ryan Wilday predict that the bullish cycle would end at $125,000 before a "crypto winter."
To conclude:
Bitcoin remains in a bullish trend, but with expected volatility. The recommended strategy is DCA (dollar-cost averaging) to take advantage of corrections and accumulate before the next bullish phase. Monitor key levels:
- Support: $82,000 (breaking this could indicate weakness).
- Resistance: $109,000 (breaking this would confirm a new rally).
If you seek to maximize profits, focus on horizons of 6–12 months, where fundamentals (halving, ETFs) could drive historical prices. For real-time analysis, follow on-chain metrics (e.g. Glassnode) and macro news.