Bitcoin Technical Analysis: Market Trends in 11 of June 2025

Technical analysis of Bitcoin on June 11, 2025, evaluates key support/resistance levels and indicators to forecast market trends.

As of June 11, 2025, Bitcoin is trading at approximately $109,708, undergoing a corrective phase after hitting a peak of $111,906 on May 22, 2025. The crypto market’s high volatility makes it a focal point for technical analysts, with Bitcoin, as the market leader, relying on price patterns and indicators to forecast future trends. Technical analysis reveals a long-term bullish structure supported by a logarithmic ascending channel since 2015. However, short-term signals suggest a potential price correction. Bitcoin recently tested the resistance zone of $105,880–$106,934, showing signs of selling pressure. This range acts as a key resistance, and a breakout could pave the way for a move toward $111,500 or higher. Key support levels lie between $100,000 and $103,000, a zone that has previously acted as strong demand and recently supported a rebound from $102,000–$107,120. Fair value gaps (FVG) in the 4-hour timeframe also indicate support in this range, potentially preventing further declines. Technical indicators like the Relative Strength Index (RSI) on the daily chart suggest overbought conditions during recent highs, which may explain the current correction. The 50-day and 200-day moving averages (MA50 and MA200) are converging, signaling a price compression that often precedes significant moves. Currently, MA50 serves as dynamic support around $104,500. Price patterns, such as a bullish flag in the 4-hour timeframe, hint at a potential continuation of the uptrend, provided the $106,934 resistance is breached. However, bearish divergences on weekly and monthly timeframes warn of a deeper correction if the price falls below $100,000. In the medium to long term, Bitcoin retains the potential to reach $125,000–$180,000, assuming the bullish structure holds. Traders must remain cautious, as the crypto market is heavily influenced by external factors like geopolitical news and Federal Reserve decisions. Overall, Bitcoin may face a short-term correction toward $100,000, but its broader outlook remains bullish. Traders should closely monitor key levels and indicators to capitalize on market opportunities.