The post Bitcoin (BTC) Price Prediction for June 10 2025 appeared on BitcoinEthereumNews.com.

After reclaiming the $105,000 level in early June, Bitcoin price today is showing signs of short-term hesitation. The broader market remains cautious, with Bitcoin price hovering around the mid-$105,000s as traders assess resistance just under $106,000. While bullish momentum remains intact on higher timeframes, key indicators hint at consolidation risks heading into June 10. What’s Happening With Bitcoin’s Price? The Bitcoin price action has seen a decisive rebound from the $102,000 region, recovering over 3% in just two sessions. This move followed a bounce from the confluence of dynamic support around the 100-EMA and horizontal demand near $101,000. However, the 4-hour chart shows that price is once again stalling near a significant resistance block between $105,800 and $106,900—an area that coincides with the upper Bollinger Band and previous rejection zones from late May. The recent Bitcoin price update highlights how tightly the asset is coiled within a short-term symmetrical triangle, with breakout pressure mounting as volatility compresses. This pattern is forming just below key resistance and typically precedes a directional move, either confirming a breakout continuation or indicating a short-term correction. RSI, MACD Suggest Short-Term Caution Momentum indicators on the 30-minute and 4-hour charts reflect caution despite the rebound. The RSI on the 30-minute chart is currently fluctuating near the neutral 50 zone (47.65), failing to break higher despite multiple intraday attempts. This divergence between price strength and RSI momentum suggests waning bullish pressure at current levels. The MACD histogram, while positive, is flattening out after a recent bullish crossover. This plateauing indicates that buying interest may be weakening, and bulls need a clear volume push to sustain further gains. Without that, Bitcoin price volatility may increase in both directions over the next 24 to 48 hours. Key EMA Clusters and Ichimoku Analysis On the 4-hour chart, Bitcoin price is…

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Filed under: News - @ June 8, 2025 1:27 pm