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Technical analysis by NoFomoCharts about Symbol BTC on 6/13/2025

https://sahmeto.com/message/3599603
NoFomoCharts
NoFomoCharts
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BITCOIN (BTCUSDT) price has recently bounced up from above the 50EMA (yellow line). Since May 2025, price has been consolidating sideways and has now formed a symmetrical triangle (blue lines). 10% to 20% volatility could be incoming for Bitcoin this summer. The key resistance prices that Bitcoin has yet to breakout above are: $110000, $112000, $115000, and $120000+. Support prices are holding at this time, such as $105000, $104000, $102000, and $100000, $95000. If price holds above $100,000 to $105,000, there is still a chance that Bitcoin can continue to uptrend and rally higher this year in 2025. However, if $100,000 price and support levels are lost, a new downtrend could occur and price could possibly test the 200EMA zone (red line).

Translated from: English
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Signal Type: Neutral
Time Frame:
1 day
Price at Publish Time:
$105,904.25
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