{"id":8683,"date":"2025-06-09T12:20:00","date_gmt":"2025-06-09T11:20:00","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=8683"},"modified":"2025-06-09T12:07:57","modified_gmt":"2025-06-09T11:07:57","slug":"bitcoin-price-key-levels-this-week","status":"publish","type":"post","link":"https:\/\/preprod.investx.fr\/en\/crypto-news\/bitcoin-price-key-levels-this-week\/","title":{"rendered":"Bitcoin Price Forecast : Key Levels to Watch This Week"},"content":{"rendered":"\n
Despite the recovery, Bitcoin<\/a> is still experiencing selling pressure from Long-Term Holders (LTH), which could lead to a short-term price correction<\/strong>. Fortunately, analyzing the cost basis quantiles for Bitcoin reveals two crucial support levels to watch:<\/p>\n\n\n These levels could act as solid barriers in case of new selling pressure on Bitcoin<\/strong>.<\/p>\n\n\n\n Although LTHs exert short-term pressure, historical data on Bitcoin’s monthly returns are rather positive<\/strong>. In June, the asset typically showed a median increase of 2.58%<\/strong>.<\/p>\n\n\n This suggests that any correction due to LTH selling is likely to be temporary. With long-term growth potential, the Bitcoin market could soon embrace a bullish trend<\/strong>, especially if market conditions improve.<\/p>\n\n\n\n In recent days, Bitcoin’s price has increased by 4.7%<\/strong>, currently trading around $106,263<\/strong>. However, it remains below the key $106,265 resistance. If BTC fails to break this level, it could retreat to $103,700<\/strong>, a strong support identified by cost basis quantile technical analysis<\/a>. In a bearish scenario, it could even slide down to $102,734<\/strong>.<\/p>\n\n\n\n Conversely, a breakthrough above $106,265<\/strong> could propel Bitcoin towards $108,000 or more, invalidating the current bearish thesis<\/strong> and indicating a potential bullish rally. Although BTC must navigate a period of short-term volatility<\/strong>, its key support levels at $103,700 and $95,600<\/strong> could help withstand a deeper correction. With encouraging long-term outlooks, the market could soon regain a bullish trend, offering new opportunities to savvy investors.<\/p>\n\n\n\n To invest in Bitcoin, Bitget<\/a> is the most reliable and user-friendly platform. Follow these simple steps:<\/p>\n\n\n\n
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Encouraging Long-Term Perspectives<\/strong><\/h2>\n\n\n\n
<\/figure>\n<\/div>\n\n\nBitcoin: What Does the Chart Say This Week?<\/strong><\/h2>\n\n\n\n
How to Buy BTC on Bitget ?<\/h3>\n\n\n\n
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