Bitcoin Price Spike: Latest Analysis and Predictions (6/25/25)

Jakarta, Pintu News – Bitcoin (BTC) has recently shown a significant price increase, starting from the $98,250 zone. Now, the digital currency is in a consolidation phase and may try to break the resistance at $106,500.

Bitcoin Price Recovery

The price of Bitcoin (BTC) experienced a considerable increase after starting from the $98,500 zone. This increase coincided with Trump’s announcement of a ceasefire, which had a positive impact on the market. Bitcoin (BTC) managed to cross the $102,000 and $103,200 levels.

In addition, there was also a break of the bearish trend line with resistance at $101,500 on the hourly chart of the BTC/USD pair. The pair also managed to cross the 61.8% Fibonacci retracement level of the decline that occurred from the high of $106,470 to the low of $98,277.

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Further Upside Potential

After successfully approaching the $106,000 level, Bitcoin (BTC) is now trading above $104,000 and the 100 hourly simple moving average. The currency is also above the 76.4% Fibonacci retracement level of the previous drop. Immediate resistance is near the $106,000 level. The first key resistance is at $106,200, followed by $106,500. If it manages to break $106,500, the price could increase further to reach $108,000. A further increase might push the price towards $110,000.

Possible Price Drop

If Bitcoin (BTC) fails to break the $106,000 resistance zone, there is a possibility that the price will drop again. Immediate support is near $104,000, with the first major support at $103,500. The next support is in the $102,500 zone. In case of further decline, the price could head towards the $101,200 support in the near future. Key support is at $100,000, below which Bitcoin (BTC) may struggle to find buyers.

Conclusion

Given the current market dynamics and factors affecting the price of Bitcoin (BTC), investors and market watchers should remain vigilant for further price movements. Technical analysis shows that there is upside potential, but downside risks cannot be ignored either.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• NewsBTC. Bitcoin Price Turns Higher, $105K In Sight As Bulls Regain Control. Accessed on June 25, 2025
• Featured Image: Generated by AI