$BTC Bitcoin Uji Resistance $106K – Momentum Menuju $120K Makin Kuat?

June 15, 2025 | Binance Market Insight

Bitcoin (BTC) once again comes into the spotlight today after showing a consolidation movement around the level of $104.9K to $106K. Despite a slight decline of -0.06% in the last 24 hours, several technical indicators show the potential for a reversal towards the bullish zone.

Currently, BTC is testing a critical resistance at $106K, which has been a major barrier in recent days. If this level is successfully breached, analysts predict that BTC could continue its rally towards $112K to $120K, driven by technical momentum and increased investor interest.

Technical analysts observe that strong support has formed around $104K, in line with the 200-day Moving Average (MA). Meanwhile, the RSI is in the neutral range (around 50), and the DMI indicator shows the potential for a “golden cross” between +DI and -DI—a signal that a short-term upward trend could begin soon.

Crypto Rover, one of the popular analysts in the crypto community, stated that "If BTC successfully breaks out from $106K, it is not impossible for us to see acceleration towards $120K in the near future."

In line with this, the research team from CoinDCX projects that as long as BTC can hold above the $100K level and the 200-day EMA, the target of $115K is very likely to be achieved this month.

From a macro perspective, market prospects are increasingly driven by the influx of institutional funds through Bitcoin ETFs, as well as expectations that the Federal Reserve will keep interest rates low in the coming months.

🎯 Strategy Recommendations

If Breakout at $106K Occurs:

Consider buying on breakout

Price target: $112K – $120K

Stop-loss: ~2–3% below entry level

If Breakout Fails:

Wait for confirmation at support levels of $104K or $102K

Be cautious of selling pressure if it drops below $100K