BTC/USD is trading at 109,477 and continues to move within the growth and bullish channels. Moving averages indicate a short-term upward trend for Bitcoin. Prices have broken through the area between the signal lines, indicating pressure from the “digital gold” bears and a potential continuation of the asset’s bullish momentum from current levels. According to the cryptocurrency rate forecast for June 12, 2025, we can expect a decline in the value of the digital asset and a test of the support level near the $105,665 area. Then, we can expect a rebound and an attempt to continue growing the Bitcoin rate, targeting the area above 118,405.
Bitcoin Forecast and BTC/USD Analysis for June 12, 2025
An additional signal favoring the growth of BTC/USD quotes will be a test of the support line on the relative strength indicator. A second signal favoring this option will be a rebound from the upper border of the bearish channel. A fall in the asset’s value and a breakout of the 100,505 area will cancel the growth option for the coin’s price and Bitcoin’s value. This will indicate a breakout of the support area and a continuation of the Bitcoin price decline, with a potential target at 94,505. Confirmation of price growth will be a breakout above the resistance area with the price consolidating above 112,505.
Bitcoin Forecast and BTC/USD Analysis for June 12, 2025 suggests an attempt to test the support level near the 105,665 area. Then, the cryptocurrency will continue to grow, potentially reaching 118,405. An additional signal favoring a rise in the Bitcoin rate will be testing the support line on the relative strength indicator. A breakout above 100,505 will cancel the possibility of an increase in the digital currency’s value. This would indicate a continuation of the coin’s decline, with a potential target below 94,505.
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