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What’s Next for Bitcoin? Here’s What You Need to Know

Veröffentlichungszeit: 2025-06-19

Cryptocurrency analysis company MakroVision has shared a remarkable analysis of Bitcoin’s technical outlook in its latest assessment.

The company states that Bitcoin is now approaching a critical decision moment after weeks of sideways movement.

According to MakroVision, Bitcoin is moving in a narrowing triangle formation between $102,000 and $110,000. This structure shows that there is indecision between the bulls and bears in the market.

Bitcoin, which has lost momentum after the last peak of $112,000, is looking for direction.

In the short term, the most critical support level stands out as $102,000. If this level is broken, the $98,600–97,700 band (0.382 Fibonacci retracement level) may come into play.

For an upward move, the $109,500 level needs to be broken permanently.

If this happens, upward momentum could be regained.

Related News: Nasdaq-Listed Company Files Application to Create $600 Million Treasury from Surprise Altcoin - Plans for Two Other Altcoins Also in the Works MakroVision noted that the current narrowing price range could soon lead to a breakout, sharing the following levels: Break above $109,500: Strong bullish signal Breakout below $102,000: A deeper price correction *This is not investment advice.

Continue Reading: What’s Next for Bitcoin? Here’s What You Need to Know.

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