Bitcoin Technical Analysis: Market Trends on June 15, 2025

Technical analysis of Bitcoin on June 15, 2025, focusing on resistance, support, and indicators.

On June 15, 2025, Bitcoin is in a corrective phase, indicating a temporary reduction in buying pressure. The current price stands at approximately $104,733, down 0.25% over the past 24 hours. This technical analysis explores key resistance and support zones, critical indicators, and potential market trends. **Resistance and Support Zones** Bitcoin’s primary resistance zone lies between $110,000 and $111,800. This range has rejected price twice in the past, acting as a strong ceiling. A breakout above this level could pave the way for a move toward $125,000. Conversely, key support is found between $102,500 and $100,300. This zone has previously served as a price floor and is likely to attract buying interest if the correction persists. **Technical Indicators** The Relative Strength Index (RSI) is at 45, signaling a neutral market condition. This level indicates neither overbought nor oversold conditions, suggesting traders should wait for stronger signals. The 50-day moving average (MA50) is around $106,500, and the current price is below this level, reflecting short-term selling pressure. However, the 200-day moving average (MA200) at approximately $98,000 continues to act as a long-term support. **Price Pattern Analysis** On the daily timeframe, Bitcoin has formed a lower low and lower high pattern, indicating weakness in the short-term uptrend. However, on the weekly timeframe, Bitcoin remains within a long-term ascending channel that has been in place since 2015. This suggests that the overall market trend remains bullish, with short-term corrections being a natural part of market behavior. **Potential Scenarios** In the short term, a continued correction toward the $100,300 to $102,500 support zone is possible. This level could offer a buying opportunity at lower prices. If the price stabilizes above $106,500, a retest of the $110,000 resistance zone becomes likely. Traders should monitor trading volume and price reactions at these levels. **Conclusion** Based on current data, Bitcoin faces short-term selling pressure and is likely to test key support levels. However, the long-term trend remains bullish, and current corrections may present entry opportunities. Traders should prioritize risk management and wait for confirmation signals at critical zones.