Bitcoin BTC is trading at $105,363.33, it’s up 1.01% for the day but still down 3.98% from last week. Volatility remains low, volume at $44.1B is rising, a mix that hints at something big ahead. Traders are watching closely. The tension is clear.
Price hovers around a crucial pivot point of $105,074. The resistance lies at $106,171. Bollinger Band flexibility decreased to 2.83, which indicates compression in the price. The RSI at 49.32 and MACD at -919.48 show failure to make a decisive move. Perhaps the strength of the trend is diminishing, but that does not equate to its being expired. Bulls are still in control, for the moment.
DMI favors bulls but momentum fades
Technical indicators show a fight. DMI (9.2/35.5) encourages the bulls but momentum is declining. ADX is at 58.8 and the upcoming bearish crossover of MACD suggests to be cautious. Market structure in bull trend implies high momentum but not without strain. Soon traders might get a directional break or breakdown.
Volume tells its own story. Participation is thinning at current levels. That often means uncertainty. Analysts see distribution signs near all-time highs. This is not a crash, it’s a wait. A break above $106,171 could ignite movement, but a dip below $103,296 would change the game.
Bitcoin price forecast for 2025 with potential to surpass 161000
The future of Bitcoin is uncertain. According to DigitalCoinPrice, it will cross $161,000 by the end of this year. That is a huge rise from today. For now, though, BTC has to get past $111,970.17, its previous all-time high. If momentum builds again, such levels are possible.
Changelly’s prediction is more realistic. According to it, in 2025, BTC will trade between $100,021 and $118,640 with an average around $137,260. Potential ROI for June 2025 could be 31.9%. But risks are involved too. No clear momentum behind the drive aggressive should come soon enough to avoid failure. Caution and patience have to be the order of the day.
