Bitcoin Analysis: Will the Uptrend Continue?

Bitcoin analysis on June 11, 2025: Uptrend with key resistances, but short-term correction possible.

Bitcoin remains a focal point in financial markets on June 11, 2025. Its current price hovers around $109,708, down 0.3% from the previous day. Despite this minor dip, the long-term market trend appears bullish. Technical analysis indicates Bitcoin is trading within a long-term ascending channel, recently testing key resistance levels between $105,880 and $106,934. Analysts note the formation of bullish patterns, such as a bullish flag on the 4-hour timeframe, suggesting potential for continued upward momentum. However, strong resistance between $110,000 and $112,000 could trigger a pause or a short-term correction toward support zones at $95,000–$100,000. These support levels are critical, backed by historical data and liquidity accumulation. From a macro perspective, economic factors like Federal Reserve decisions and geopolitical developments could influence Bitcoin’s price. Some analysts believe that a sustained break above $110,000 could pave the way for a move toward $125,000. However, bearish divergences on higher timeframes, such as weekly and monthly charts, raise the possibility of a deeper correction. Traders are advised to adopt varied strategies. Some suggest entering long positions if the price retraces to support zones, while others recommend waiting for a confirmed breakout above $112,000 for longer-term trades. Risk management is crucial in this volatile market, with stop-loss orders highly recommended. In conclusion, Bitcoin remains in a long-term bullish cycle, but traders must stay vigilant, monitoring key technical levels and macroeconomic news. Will Bitcoin reach new highs in 2025? The answer hinges on multiple factors.