Bitcoin Status Review as of June 25, 2025

[Forum Admin]

The key support and resistance levels ahead for BTC/USD are as follows:
 
Third key resistance level of BTC/USD: 103000
Second key resistance level of BTC/USD: 100800
First key resistance level of BTC/USD: 99500
 

First key support level of BTC/USD: 106500
Second key support level of BTC/USD: 108800
Third key support level of BTC/USD: 110000
 
Bitcoin Status Review as of June 25, 2025
 

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Over the past four weeks, Bitcoin has been in a bearish cycle, which effectively served as a correction following recent upward movements. During this downturn, the price approached the $98,100 level.
Currently, on longer timeframes such as the monthly chart, there is no evident reason for a price decline; rather, the sentiment indicates a propensity for further gains.
 
As a sensitive asset, Bitcoin experienced a significant drop during the recent conflict, with its price falling below the crucial psychological level of $100,000.
From a fundamental perspective, the United States' mediation in the Israel-Iran conflict and the subsequent declaration of a ceasefire between the two countries fostered conditions conducive to stability and growth. This ultimately led to a substantial recovery, with the price reaching $106,600 to date.
 
On shorter timeframes, such as the daily chart, the establishment and consolidation of a new price floor at $98,100 has generated renewed optimism among buyers. Should prices stabilise above the significant resistance level of $106,500, the likelihood of further upside increases, with the price potentially reaching the next resistance level of $110,000.
 
Conversely, in a bearish scenario, if the price fails to surmount the $106,500 level (requiring observation of price action at this resistance) and forms a new price ceiling, there is potential for a decline to the key level of $100,000.