Bitcoin BTC/USD ended the trading week at 104,410 and continues to move within the correction and bullish channel. Moving averages indicate an upward trend. Prices broke through the area between the signal lines upwards, indicating pressure from asset buyers and a potential continuation of the BTCUSD price growth. Now, we should expect an attempt at a bearish correction of the coin’s price and a test of the support area near the 91505 level. From there, we should again expect an upward rebound and a continuation of Bitcoin’s growth with a potential target above the 137065 level.
Bitcoin Weekly Forecast BTC/USD June 9 — 13, 2025
An additional signal in favor of growth in BTC/USD quotes for the current trading week of June 9 — 13, 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). A fall and breakout of the 85605 area will cancel the possibility of Bitcoin rising during 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 77445 level. Confirmation of the bullish movement will be a breakout of the resistance area and a close above the 114065 level.
Bitcoin Weekly Forecast BTC/USD June 9 — 13, 2025 suggests an attempt at the support area near the 91505 level. Then, the cryptocurrency will continue to rise to an area above the 137065 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 85605 area will cancel the option of growth in Bitcoin cryptocurrency quotes. In this case, a continuation of the decline with a target at 77445 should be expected.
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