Bitcoin ($BTC) price prediction for June 13, 2025: Momentum cools below $111K as bulls defend $106K support zone
1 min read
The Bitcoin price today is trading near $107,690 following a slight dip from Monday’s peak above $110,800. While the broader uptrend remains intact on higher timeframes, intraday charts reveal early signs of exhaustion, especially as BTC tests a confluence of resistance near the 0.618 Fibonacci level and the upper Bollinger Band. Traders are watching closely to see whether Bitcoin price action can stabilize above key moving averages or if further downside pressure will emerge in the near term. What’s Happening With Bitcoin’s Price? BTC/USD price dynamics (Source: TradingView) Over the past 48 hours, Bitcoin price has been consolidating below the $110,000 psychological barrier after failing to hold above the $111,000 rejection zone. The daily chart shows BTC facing resistance from the 0.786 Fibonacci retracement level ($109,536) and failing to maintain bullish momentum after briefly trading above the 0.618 Fib level ($107,597). A strong horizontal supply block remains around $110,600–$111,000, and unless this is breached convincingly, upside may be limited in the short term. BTC/USD price dynamics (Source: TradingView) On the 4-hour chart, a bearish div… The post Bitcoin ($BTC) price prediction for June 13, 2025: Momentum cools below $111K as bulls defend $106K support zone appeared first on Coin Edition .
Source: Coin Edition
