📈 Analysis and forecast for $BTC on Binance: further prospects? 📉
At 13:54 EEST, June 29, 2025, the price of $BTC on Binance is $108,200, showing a growth of 0.87% over the last 24 hours. A gentle rise and stable trading volume reflect the current consolidation after reaching a peak of $115,300 in May 2025, supported by Binance.
Technically, $BTC is moving in a sideways trend with a bullish tilt. On the 4-hour chart, the 50-day SMA at $107,000 acts as support, while the 200-day SMA shows a steady upward momentum since the beginning of the year. RSI (14) around 52 indicates neutral conditions with growth potential. Key resistance is at $109,000, a breakout of which could open the way to $112,000. Support is at $107,000, below which is $105,000. Holding above $108,200 supports optimism.
Forecast: In the coming days, BTC may test resistance at $109,000, with a chance of rising to $112,000 by the end of June 2025 with positive news such as institutional investments. By July, a rise to $115,000–$120,000 is possible if the market continues to strengthen. The long-term outlook for 2026 is $150,000+, assuming growth in adoption and the halving in 2028. Risks include volatility and potential correction after the recent decline. Market sentiment, including posts on X, remains moderately optimistic with forecasts above $109,000, although some traders warn of consolidation.
Outlook? A rise of 0.87% and a price of $108,200 are close to resistance at $109,000. Buying at $107,000 with a target of $112,000 and a stop-loss at $105,000 may be justified. BTC stands out as the market leader and the underlying asset of Binance, which maintains its attractiveness. Keep an eye on news about regulation and miner activity!
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