Bitcoin Technical Analysis: Price Trend Outlook for June 30, 2025

Technical analysis of Bitcoin on June 30, 2025, covering resistance, support, and indicators

The technical analysis of Bitcoin on June 30, 2025, reveals a dynamic market with notable volatility. Bitcoin is currently trading around $107,947, up 0.13% in the past 24 hours. However, recent chart patterns indicate that Bitcoin is in a corrective phase, facing strong resistance between $108,200 and $108,800. This zone has repeatedly acted as a price ceiling, halting upward momentum. On the daily timeframe, Bitcoin saw a strong rally from the $103,000 support zone but has struggled to break through the $108,800 resistance. Signs of fading momentum are evident, with the RSI at 55, suggesting a neutral stance but nearing oversold territory, hinting at potential short-term selling pressure. The MACD indicator also shows a bearish crossover, reinforcing the likelihood of continued correction. A key support zone lies between $103,000 and $104,500, which has historically acted as a strong demand area. Should the price retreat to this level, buyers are expected to step in, preventing further declines. However, a break below this support could push prices toward $97,500, a plausible bearish target. From a price pattern perspective, Bitcoin is forming a descending triangle on the 4-hour chart, which could lead to a breakout. A break above $108,800 could propel prices toward $112,000, potentially setting a new all-time high. However, given the current selling pressure and declining trading volume, a bearish scenario appears more likely in the short term. Analysts note that macroeconomic factors, such as geopolitical tensions and Federal Reserve policies, continue to influence Bitcoin’s market. Strong demand from U.S. investors, as indicated by the Coinbase Premium Index, persists, but market uncertainty could fuel further volatility. Traders should proceed with caution. Risk management with stop-losses near $104,500 for long positions and $108,800 for short positions is advisable. Bitcoin is likely to test the support zone in the short term, but a break above resistance could spark a strong bullish rally.