Bitcoin (BTC) held its ground around $104,406 on June 18, 2025, despite increased geopolitical tensions in the Middle East and macroeconomic uncertainties.
In this article, we will look at BTC next target and latest news with price chart analysis.
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Bitcoin Next Target
- Current Price: $104,406
- Intraday Range: $103,597 – $105,532
- Market Cap: ~$2.08 trillion
- 24h Trading Volume: ~$50–52 billion
- Circulating Supply: ~19.88 million BTC
Overall, BTC remains in a solid uptrend (above 200 SMA) and could attack $120K next. After breaking through prior ATH of $108K, price made a new ATH of $112K.
We would be buyers on pullbacks to $100K-$103K support zone for another swing trade entry in Uptrend with 10% near-term upside potential back to $112K and +20% upside to $120K thereafter
📈 Key Technical Indicators
- RSI (Relative Strength Index): ~60 — suggesting moderate bullish momentum
- MACD (Moving Average Convergence Divergence): Bullish crossover confirmed
- Support Levels: $103,000 – $103,600
- Resistance Levels: $106,000 – $107,000
- Overall Trend: Sideways consolidation with a bullish bias
📰 Latest Bitcoin News & Developments
- Bitcoin holds above $105K: Despite market volatility caused by geopolitical events, Bitcoin has maintained its support levels and demonstrated resilience.
- ETF Inflows Strengthen: U.S.-based spot Bitcoin ETFs continued to attract heavy inflows, with BlackRock and Fidelity leading the pack. The total year-to-date inflows surpassed $13 billion.
- Cycle Momentum Signals Growth: Analysts project 2025 to be the third bullish year in Bitcoin’s typical four-year market cycle, potentially setting the stage for a rise toward $200,000 if the trend persists.
📌 Summary
Bitcoin is navigating a complex macro environment with notable strength. Technicals remain constructive, and institutional interest—especially through ETFs—continues to provide bullish support.
- Short-Term Forecast: Neutral to Slightly Bullish
- Risk Level: Moderate – influenced by geopolitical and economic developments
- Breakout Zone: A clean move above $107,000 could trigger momentum toward $110,000+
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