Bitcoin (BTC) Price Prediction for June 20
WikiBit 2025-06-21 08:39
Bulls could not hold the initiative, and most of the coins have come back to the red zone, according to CoinStats. BTC chart by CoinStatsBTC/USDThe rate
Bitcoin
Bitcoin (BTC) Price Prediction for June 20
Bulls could not hold the initiative, and most of the coins have come back to the red zone, according to CoinStats.
BTC chart by CoinStatsBTC/USD
The rate of Bitcoin (BTC) is almost unchanged since yesterday.
Image by TradingView
On the hourly chart, the price of BTC is near the local support of $103,907. If the daily bar closes around that mark, one can expect an ongoing decline to the $103,000 range.
Image by TradingView
On the longer time frame, the rate is far from the main levels. In this case, one should pay attention to the candle‘s closure in terms of yesterday’s bars low.
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If it happens near it or below, traders may expect a more profound correction to the $102,000-$103,000 zone.
Image by TradingView
From the midterm point of view, the situation is similar. If bulls lose the $103,000 zone, there is a high chance to expect a test of the support level shortly.
Bitcoin is trading at $104,321 at press time.
Disclaimer：
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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