BTC/USD quotes are trading at 104084 and continue to move within the correction and the formation of a “Triangle” pattern. Moving averages indicate a short-term upward trend for Bitcoin. Prices are again testing the area between the signal lines, which indicates pressure from the bulls of “Digital Gold” and a potential continuation of the bullish momentum of the asset’s value from current levels. As part of the cryptocurrency rate forecast for tomorrow, June 20, 2025, we should expect an attempt to develop a decline in the value of the digital asset and a test of the support level near the 102065 area. From there, we should again expect an upward rebound and an attempt to continue the growth of the Bitcoin rate with a target above the 125035 area.
Bitcoin Forecast and BTC/USD Analysis for June 20, 2025
An additional signal in favor of the growth of BTC/USD quotes will be a test of the support line on the relative strength indicator. The second signal in favor of this option will be a rebound from the lower border of the “Triangle” model. A fall in the value of the asset and a breakout of the 96505 area will cancel the option of growth in the coin’s rate and the value of Bitcoin. This will indicate a breakout of the support area and a continuation of the decline in the Bitcoin rate with a potential target at 85405. Confirmation of the asset’s price growth will be a breakout of the resistance area with the price consolidating above 111505, which will indicate a breakout of the upper border of the “Triangle” model and the beginning of the pattern’s implementation with targets at the top.
Bitcoin Forecast and BTC/USD Analysis for June 20, 2025 suggests an attempt to test the support level near the 102065 area. Further, the cryptocurrency will continue to grow with a potential target at 125035. An additional signal in favor of a rise in the Bitcoin rate will be a test of the support line on the relative strength indicator. A breakout of the 96505 area will cancel the option of a rise in the digital currency. This will indicate a continuation of the coin’s decline with a potential target below 85405.
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