Bitcoin (BTC) Price Prediction for June 21, 2025
The Bitcoin price today is trading around $104,500, reflecting a narrow range following recent failed breakout attempts above the $108,000 zone. Despite brief spikes above key resistance, Bitcoin price action has remained capped below a declining trendline.
The current sideways movement has raised questions about why Bitcoin price going down today even with solid on-chain support and strong liquidity near $104,000.
What’s Happening With Bitcoin’s Price?
On the 4-hour chart, BTC remains trapped within a symmetrical triangle, bounded by $103,400 as support and $105,600 as resistance. The Bitcoin price has been consolidating below the 20/50/100 EMA cluster ($104,950–$105,792), while the 200 EMA at $106,672 continues to act as a strong ceiling. This compression is mirrored by shrinking Bollinger Band width and a falling ATR, indicating reduced Bitcoin price volatility.
The RSI sits at 44.4, showing mild bearish bias without being oversold. MACD is flat near the zero line with histogram bars tightening — a typical setup before …
The post Bitcoin (BTC) Price Prediction for June 21, 2025 appeared first on Coin Edition.
Read More
Bitcoin (BTC) Price Prediction for June 21, 2025
The Bitcoin price today is trading around $104,500, reflecting a narrow range following recent failed breakout attempts above the $108,000 zone. Despite brief spikes above key resistance, Bitcoin price action has remained capped below a declining trendline.
The current sideways movement has raised questions about why Bitcoin price going down today even with solid on-chain support and strong liquidity near $104,000.
What’s Happening With Bitcoin’s Price?
On the 4-hour chart, BTC remains trapped within a symmetrical triangle, bounded by $103,400 as support and $105,600 as resistance. The Bitcoin price has been consolidating below the 20/50/100 EMA cluster ($104,950–$105,792), while the 200 EMA at $106,672 continues to act as a strong ceiling. This compression is mirrored by shrinking Bollinger Band width and a falling ATR, indicating reduced Bitcoin price volatility.
The RSI sits at 44.4, showing mild bearish bias without being oversold. MACD is flat near the zero line with histogram bars tightening — a typical setup before …
The post Bitcoin (BTC) Price Prediction for June 21, 2025 appeared first on Coin Edition.
Read More