$BTC

As of Wednesday, June 18, 2025, Bitcoin (BTC) is experiencing some volatility. Here's an outlook based on recent analysis:

Current Price & Short-Term Outlook:

* Bitcoin is currently trading around $105,000-$106,000, with some sources reporting slight dips below $105,000 in the last 24 hours.

* The market is reacting to various factors, including anticipation of the upcoming Federal Open Market Committee (FOMC) decision and geopolitical tensions (e.g., Middle East).

* Technical indicators suggest mixed signals. On the four-hour timeframe, Bitcoin is trending bearish with a downward-sloping 50-day moving average. However, the 200-day moving average on this timeframe is sloping up, indicating a strong trend since June 12, 2025.

* Some analysts predict a potential bounce between $102,000 and $104,000, where there's a dense liquidity pocket and historical order block. A faster reaction around $102,000 is also expected due to the proximity of the middle Bollinger Band at $106,000 acting as dynamic resistance.

* Bollinger Bands are compressing, which often signals an imminent volatility spike.

* If Bitcoin breaks above key resistance levels at $111,500 and $112,000, it could climb towards $113,500 by early July 2025.

* Conversely, if support around $104,000–$105,000 fails, BTC might briefly dip towards $100,800.

Longer-Term Sentiment:

* Despite short-term fluctuations, the overall sentiment for Bitcoin in 2025 and beyond remains bullish among many analysts.

* Factors contributing to this positive outlook include continued institutional inflows into Bitcoin ETFs (e.g., BlackRock's iShares Bitcoin Trust reaching $70 billion AUM) and recent regulatory clarity, such as the US Senate passing the GENIUS stablecoin bill.

* Price predictions for the end of 2025 range widely, from around $105,000 to $150,000, and even higher by 2030, with some forecasting it could reach $134,000 or more.

* Some historical patterns suggest that a Bitcoin price correction could be followed by a significant rally (18-25%) within six to eight weeks, potentially reaching a $130,000