BTC/USD prices are trading at a level of 105,320 and continue to move within the context of price correction development and a downward channel. Moving averages indicate a short-term bearish trend for Bitcoin. Prices are once again testing the zone between signal lines, which suggests pressure from the “Digital Gold” bears and potential continuation of the development of the bear momentum already at current levels. In terms of tomorrow’s cryptocurrency course forecast on June 5, 2025, we can expect an attempt to develop an increase in the value of digital assets and a test of resistance levels close to the area of 107,245. From where one should again anticipate a downward bounce and an attempt to continue Bitcoin’s price decline with a target below the region of 99,645.
Bitcoin Forecast and BTC/USD Analysis for June 5, 2025
Additional confirmation of the price drop for BTC/USD will be when testing the resistance line on the Relative Strength Index (RSI). Another signal in favor of this scenario is a bounce off the upper boundary of the bear channel. Cancellation of the coin and Bitcoin’s value decline option will be a strong rise in asset value and breaking the area of 112505. This indicates a breakthrough the resistance zone and continuation of the Bitcoin price increase with a potential target at 117805. Confirmation of the asset’s price drop will be when breaking the support area with the price staying below 103445, which indicates a breakthrough of the lower boundary of the bullish correction channel.
Bitcoin Forecast and BTC/USD Analysis for June 5, 2025 anticipates a test of the resistance level near the area of 107,245. Subsequently, further decline in cryptocurrency towards a potential target at a level of 99,645. An additional signal for a decrease in Bitcoin’s price would be testing the resistance line on the Relative Strength Index (RSI). A breakdown of the region around 112,505 will indicate an upward continuation of the coin with a potential target above 117,805.
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