📊 Bitcoin Price Chart: June 2025 Outlook

🔍 Technical Analysis Summary

Current Price: Approximately $104,725

Support Levels:

$103,000 – $105,000: Short-term support zone where buyers have previously entered the market.

$100,000: A significant psychological and technical support level.

$97,000 – $93,000: Deeper support levels that could be tested if the price breaks below $100,000.

Resistance Levels:

$110,000 – $112,000: Current resistance zone where the price has faced selling pressure.

$115,000 – $118,000: Potential resistance levels if Bitcoin manages to break above the $112,000 mark.

The chart indicates a bullish trend, with Bitcoin forming higher highs and higher lows. The presence of a "golden cross"—where the 20-day Exponential Moving Average (EMA) crosses above the 50-day EMA—supports the potential for continued upward movement.

However, short-term indicators such as the Relative Strength Index (RSI) have cooled into the 55–60 zone after previously reaching overbought levels, indicating a slowdown in bullish momentum.

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