BTC/USD quotes are trading at 105271 and continue to move within the correction and bullish channel. Moving averages indicate a short-term upward trend for Bitcoin. Prices have broken through the area between the signal lines upwards, indicating 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 forecast for the week of June 23 — 27, 2025 we can expect an attempt to develop a decline in the value of the digital asset and a test of the support level near the 99405 area. From there, we can again expect an upward rebound and an attempt to continue the growth of the Bitcoin rate with a target above the 134505 area.
Bitcoin Weekly Forecast BTC/USD June 23 — 27, 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 fall in the Bitcoin rate with a potential target at 82665. Confirmation of the asset’s price growth will be a breakout of the resistance area with the price consolidating above 113665.
Bitcoin Weekly Forecast BTC/USD June 23 — 27, 2025 suggests an attempt to test the support level near the 99405 area. Further, the cryptocurrency will continue to grow with a potential target at 134505. 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 the 82665.
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