BTC/USD quotes are trading at 102491 and continue to move within the correction and bullish channel. Moving averages indicate a short-term uptrend for Bitcoin. Prices have broken through the area between the signal lines downwards, indicating pressure from sellers of “Digital Gold” and a potential continuation of the bearish momentum of the asset’s value from current levels. As part of the cryptocurrency rate forecast for tomorrow, June 24, 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 100205 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 120065 area.
Bitcoin Forecast and BTC/USD Analysis for June 24, 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 bullish channel. A fall in the asset’s value and a breakout of the 89505 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 82605. Confirmation of the asset’s price growth will be a breakout of the resistance area with the price consolidating above 112505, which will indicate a breakout of the upper border of the downward correction channel.
Bitcoin Forecast and BTC/USD Analysis for June 24, 2025suggests an attempt to test the support level near the 100205 area. Further, the cryptocurrency will continue to grow with a potential target at 120065. 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 89505 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 82605.
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