Bitcoin Price Analysis and Upcoming Growth Prediction (June 2025)
Bitcoin is once again at the center of attention in the crypto market. As of Teatime (1 June 2025) Bitcoin is trading around $104,975. Just a few days ago, it was near $111,900, but a short-term correction caused a slight drop in price.
Analysts believe this drop is temporary and that the market is regaining strength. Bitcoin’s strong support level is around $103,500, which has held firm so far. As long as this support remains, the overall trend is still bullish. Indicators like RSI and MACD are also showing signs of a possible upward move.
Technical analysis suggests that Bitcoin could gradually rise back to the $106,000–$109,000 range in the coming days. Institutional interest is increasing again, which supports the bullish outlook. The effects of the recent halving are still creating a positive sentiment in the market.
While short-term volatility may continue, the long-term trend remains upward. Traders should use stop-losses and watch for key resistance levels. If Bitcoin can reclaim and hold above $108,000 it may soon head toward new highs in the coming weeks.