Why Is Bitcoin Surging? BTC Price Goes Up Today Amid Pin Bar Buy Signal and Bullish Expert Predictions

Monday, 16/06/2025 | 11:48 GMT by Damian Chmiel

Bitcoin #BTC trades near $106,600 with technical indicators signaling an impending volatility surge that historically precedes major bull runs.

Institutional inflows hit $1.9 billion weekly while mining companies adopt treasury strategies.

It creates supply constraints that support bullish Bitcoin price predictions of $120,000-$250,000 by year-end.

Bitcoin's ($BTC ) price surge continues as the cryptocurrency today, Monday, 16 June, 2025, trades near $106,600, marking a 1.5% daily gain and bouncing from key support at $105,000. The world's largest digital asset shows steady performance, with its market capitalization climbing to $2.12 trillion amid multiple factors driving institutional and retail interest.

In this article, we explore the reasons behind today’s rise in Bitcoin’s price, examine the current technical analysis chart, and present the latest BTC price predictions from market experts and analysts.