Bitcoin Daily Price Analysis – June 24, 2025

BTC Price Analysis₿ Bitcoin

Bitcoin Daily Price Analysis – June 24, 2025

By Jason Miller – Crypto Writer, 10.Expert 🧠 Covering Bitcoin, altcoins, blockchain & Web3.


📊 Overview

On June 24, 2025, Bitcoin (BTC) showed strong bullish momentum, rebounding from an early low of $101,380 and closing the day around $105,560, marking a significant gain of over 4% in 24 hours. The move follows recent market corrections, signaling possible short-term trend reversal.


📈 Market Highlights

  • Opening Price: ~$101,380

  • Daily High: ~$105,560

  • 24h Gain: +4.1%

  • Trend: Bullish recovery

  • Volume Spike: Observed between 5–7 AM UTC, likely institutional inflow


📌 Key Observations

  1. Early Morning Dip:

    BTC briefly dipped below $101.5K during low liquidity hours. This move appeared to trigger a surge of buy orders.

  2. Strong Bounce:

    Around 6:00 AM UTC, Bitcoin spiked rapidly above $104K. This “V-shape” recovery suggests whale accumulation or short squeeze.

  3. Stable Mid-Day Zone:

    Between 9:00 AM and 3:00 PM UTC, BTC stabilized between $104K–$105K, forming a healthy consolidation range.

  4. Late Upside Push:

    Toward the end of the trading day, Bitcoin tested $105.5K multiple times, closing near the top of the range.


📊 Technical Indicators

  • RSI: 58 – No sign of overbought conditions yet

  • MACD: Trending upward, bullish crossover confirmed

  • Support Level: $103,000

  • Resistance Level: $106,200


🔮 What’s Next?

If momentum holds, Bitcoin could attempt a breakout past $106,000 in the next 24–48 hours. However, watch for:

  • FOMC-related volatility

  • Macro economic indicators

  • Whale activity or major sell walls


🧠 Final Thoughts

Bitcoin’s performance today reflects renewed market confidence after last week’s drop. While it’s too early to call a full reversal, today’s pattern looks promising for bulls.


#Bitcoin #BTC #CryptoNews #PriceAnalysis #10Expert #BullishTrend #CryptoMarket

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