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
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Opening Price: ~$101,380
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Daily High: ~$105,560
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24h Gain: +4.1%
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Trend: Bullish recovery
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Volume Spike: Observed between 5–7 AM UTC, likely institutional inflow
📌 Key Observations
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Early Morning Dip:
BTC briefly dipped below $101.5K during low liquidity hours. This move appeared to trigger a surge of buy orders.
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Strong Bounce:
Around 6:00 AM UTC, Bitcoin spiked rapidly above $104K. This “V-shape” recovery suggests whale accumulation or short squeeze.
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Stable Mid-Day Zone:
Between 9:00 AM and 3:00 PM UTC, BTC stabilized between $104K–$105K, forming a healthy consolidation range.
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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
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RSI: 58 – No sign of overbought conditions yet
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MACD: Trending upward, bullish crossover confirmed
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Support Level: $103,000
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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:
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FOMC-related volatility
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Macro economic indicators
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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.
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