Friday, June 27, 2025

Key Bitcoin Price Levels to Watch as Cryptocurrency Approaches All-Time High

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Bitcoin’s approach toward its all-time high involves key resistance and support levels. Immediate resistance sits between $111,000 and $112,000, with major hurdles at $115,000 and a bullish target of $137,000. Support levels to monitor include $107,000 and the significant psychological $100,000 mark. Technical indicators suggest imminent price escalations, potentially driven by institutional interest and favorable regulatory developments. For deeper insights into these dynamics and their potential impact, further details are available.

As Bitcoin continues its volatile journey, traders and investors are closely monitoring key resistance and support levels to navigate potential price movements. The $111,000 to $112,000 range has emerged as an immediate overhead resistance where recent price attempts might encounter selling pressure. Historical price behavior and potential market maker activity further underline the importance of the $115,000 resistance level. Analysts eye $137,000 as a major upside target, projecting a continuation of bullish trends, with extended resistance zones spanning $140,000 to $150,000 anticipated by the year’s end. Long-term projections based on logarithmic growth models suggest a resistance level at $171,000 by 2026.

On the flip side, vital support levels offer a safety net during potential price corrections. Immediate support around $107,000 to $108,000 aligns with recent consolidation lows and active trading. The $100,000 mark stands out as a psychological and technical support, expected to act as a strong buying floor. Lower supports near $92,000 are anchored by historical trading ranges and moving averages, while the $105,000 to $106,000 range holds significance for short-term retracements. Deeper retracements could test trendlines and support areas linked to previous months’ activity, particularly around $100,000.

Market pattern analysis suggests midterm price targets, with a bullish projection aiming for approximately $137,000 by mid-June. This target is derived from prior uptrend bars and breakout patterns, reinforcing the potential for a rally. Analysts, including those from CoinDCX, forecast feasible mid-June targets between $114,000 and $116,000, influenced by breakout from consolidation patterns observed in late April and May 2025. Institutional interest and an improving regulatory environment further support the potential rally continuation. The current price is significantly below this target, indicating potential room for growth.

Expert forecasts provide a spectrum of price prediction scenarios. Bitfinex anticipates a bullish move to about $115,000 by early July 2025, while Tom Lee from Fundstrat projects targets between $150,000 and $250,000 by the end of 2025. These projections are fueled by global liquidity and dovish Federal Reserve expectations. Changelly predicts a peak near $137,189 in early June, with support around $104,329. LongForecast and CoinDCX analyses concur on a June range between $115,561 and $132,957, emphasizing the significance of mid-June tests at $114,000 to $116,000.

Technical indicators and patterns, such as flag and pennant formations, suggest imminent price surges toward $137,000 and above. RSI and MACD divergences observed around $109,350 may signal the end of short-term bull cycles. Institutional interest in Bitcoin is increasing, with ETF assets rising to $132 billion this month, reflecting continued demand. Logarithmic growth curves historically contain price movements, setting boundaries for projections between ~$40,000 and $171,000 within 2025-2026. Experts predict Bitcoin price may reach $125,000 by June 2025, highlighting the potential for new all-time highs as the cryptocurrency market experiences increased institutional adoption.

Wave count methodology hints at price cycle completions and potential bear market onset before new bull cycles emerge. Institutional and retail adoption rates, reflected in Bitcoin ownership and mining data, also impact supply-demand dynamics, supporting price appreciation.

Leo Navarro
Leo Navarro

Leo Navarro’s journey into crypto taxation began unexpectedly in 2016, when a challenging client case pulled him deep into the DeFi space. With a strong foundation in tax strategy and credentials ranging from CPA to Blockchain Tax Compliance Specialist, Leo quickly emerged as a leader in digital asset compliance. As Head of Digital Asset Tax Strategy at Crypto News Views, he’s known for simplifying complex tax issues related to NFTs, staking, and cross-chain activity. Through his firm and nonprofit initiatives, he’s educated thousands and helped shape practical frameworks for Web3 taxation worldwide.

“When it comes to crypto taxes, confusion can be costly. I believe clarity isn’t a luxury—it’s a right. My goal is to bring confidence and transparency to everyone in the Web3 economy.” – Leo Navarro

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