Bitcoin BTC/USD ended the trading week at 106514 and continues to move within the growth and bullish channel. Moving averages indicate an upward trend. Prices broke through the area between the signal lines upwards, which indicates pressure from buyers of the asset and a potential continuation of the growth of BTCUSD quotes. Now, we should expect an attempt at a bearish correction of the coin’s price and a test of the support area near the 98505 level. From there, we should again expect an upward rebound and a continuation of Bitcoin’s growth with a potential target above the 135065 level.
Bitcoin Weekly Forecast BTC/USD June 30 — July 4, 2025
An additional signal in favor of the growth of BTC/USD quotes in the current trading week of June 30 — July 4, 2025 will be a rebound from the lower border of the bullish channel. The second signal will be a rebound from the support line on the relative strength index (RSI), which has already rebounded from this line before. A fall and breakout of the 87065 area will cancel the possibility of a Bitcoin rise in the current trading week. This will indicate a breakout of the support area and a continuation of the decline in BTC/USD quotes with a potential target below the 78405 level. Confirmation of the bullish movement will be a breakout of the resistance area and a close above the 115675 level.
Bitcoin Weekly Forecast BTC/USD June 30 — July 4, 2025 suggests an attempt at the support area near the 98505 level. Then, the cryptocurrency will continue to rise to an area above the 135065 level. An additional signal in favor of a rise in the Bitcoin rate during the current trading week will be a test of the trend line on the relative strength indicator. A fall and breakout of the 87065 area will cancel the option of growth in Bitcoin cryptocurrency quotes. In this case, a continuation of the decline with a target at 78405 should be expected.
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