Close Menu
  • Home
  • Economic News
  • Stock Market
  • Real Estate
  • Crypto
  • Investment
  • Personal Finance
  • Retirement
  • Banking

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

What's Hot

A Translation Guide To Progressive Slavespeak

June 30, 2025

Homebuyers still have down payment misconceptions

June 30, 2025

Dry weather pushes up UK food inflation as harvests suffer

June 30, 2025
Facebook X (Twitter) Instagram
  • Contact Us
  • Privacy Policy
  • Terms Of Service
Monday, June 30
Doorpickers
Facebook X (Twitter) Instagram
  • Home
  • Economic News
  • Stock Market
  • Real Estate
  • Crypto
  • Investment
  • Personal Finance
  • Retirement
  • Banking
Doorpickers
Home»Crypto»Bitcoin Price Bounces Past 105K: Is a Full-Blown Rally Back on the Cards?
Crypto

Bitcoin Price Bounces Past 105K: Is a Full-Blown Rally Back on the Cards?

June 8, 2025No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

Bitcoin Price Shows Signs of Recovery

Bitcoin’s price has started to recover, moving above the $105,000 zone and showing signs of consolidation. There is potential for the cryptocurrency to break through the $106,500 resistance level in the near future.

  • The price of Bitcoin has begun a recovery wave above the $105,000 zone.
  • Bitcoin is currently trading above $105,000 and the 100 hourly Simple Moving Average.
  • On the hourly chart of the BTC/USD pair, a bullish trend line is forming with support at $105,350.
  • If the price breaks below the $104,000 support zone, a fresh decline may occur.

Bitcoin’s price recently experienced a dip below the $102,500 support zone before bouncing back near the $100,000 mark. After forming a low, the price recovered and surpassed the $105,000 resistance level. Currently, the price is consolidating above the 23.6% Fib retracement level.

With immediate resistance near $106,200 and key resistance at $106,500, Bitcoin could see further gains if it breaks above these levels. However, failure to surpass the $106,200 resistance zone may lead to another decline, with support levels at $105,200 and $103,500.

Technical indicators show the MACD gaining bullish momentum and the RSI for BTC/USD above the 50 level. Major support levels are at $105,200 and $103,500, while major resistance levels are at $106,200 and $107,600.

Bitcoin Price

105K Bitcoin Bounces cards fullblown price rally
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

VitaminAi Joins Forces with TrustyFi to Bolster Transparency in AI and Web3

June 30, 2025

Ethereum accumulation hits record high – Will ETH explode past $3K?

June 30, 2025

Algorand Adds Blockchain Technology to Paycode

June 30, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Posts

Jimmy Carter’s Blueprint For Agents: Build With Purpose, Lead With Heart

January 7, 20251 Views

5 Things to Know About the Holiday Inn Club Vacations Credit Card

October 2, 20240 Views

Wall Street says buy stocks that pay dividends with $6 trillion of cash ready to be deployed

July 31, 20240 Views
Stay In Touch
  • Facebook
  • YouTube
  • TikTok
  • WhatsApp
  • Twitter
  • Instagram
Latest
Economic News

A Translation Guide To Progressive Slavespeak

June 30, 20250
Real Estate

Homebuyers still have down payment misconceptions

June 30, 20250
Economic News

Dry weather pushes up UK food inflation as harvests suffer

June 30, 20250
Facebook X (Twitter) Instagram Pinterest
  • Contact Us
  • Privacy Policy
  • Terms Of Service
© 2025 doorpickers.com - All rights reserved

Type above and press Enter to search. Press Esc to cancel.