Bitcoin price prediction remains bullish in mid-2025 as BTC holds above $109,500 for the fourth consecutive week. Experts suggest this consolidation zone may be the calm before a breakout, with projections of $230,000 by year-end.
Updated: June 11, 2025
Bitcoin Price Prediction Overview
Bitcoin is currently trading at $109,594, hovering in a tight range between $104,000 and $110,000. While some traders see this sideways action as boring, many analysts believe this is a high-probability accumulation zone.
According to a recent report by Bitwise, Bitcoin’s fair value is estimated at $230,000, and they expect BTC to approach this target by the end of 2025. This bold Bitcoin price prediction reflects both strong on-chain data and long-term macro confidence in digital assets.
Monthly Candle Analysis: Doji With a Warning
The monthly candlestick currently shows a nearly invisible body with large wicks — resembling a Doji candle, a classic symbol of market indecision. Traders interpret this pattern as a potential pause before a trend shift, especially when seen after a strong rally.
A monthly Doji near resistance may cause hesitation among short-term traders, but experienced investors often view it as a sign of the next leg forming.
The upper wick indicates rejection near $110,000, while the lower wick shows that $104,000 continues to act as a strong support zone.
Weekly Chart: Bullish Momentum Building
Unlike the indecisive monthly candle, the weekly chart is showing promising signs. BTC has formed two consecutive green weekly candles, and if the current week closes above $110,415, it could trigger a strong bullish breakout.
With 4 days left before the weekly close, traders should keep a close eye on volume and resistance breaks. As of now, the structure remains bullish.
Daily Chart: Doji Pattern & Breakout Strategy
Yesterday’s daily candle printed a perfect Doji — open and close are nearly identical, with shadows on both ends. This is a textbook Standard Doji, and it suggests that market participants are waiting for a breakout trigger.
Two possible trading outcomes:
- Bullish Breakout Above $110,415
- If BTC breaks the Doji high at $110,415 with strong volume, it could lead to a sharp move toward $115K–$120K.
- Entry: Buy on candle close above $110,415
- SL: Below $109,000
- TP1: $115,000, TP2: $120,000
- Bearish Rejection With W-Pattern Setup
- If Bitcoin fails to break the high and weak candles appear, traders should look for a W-pattern inside the $104K–$110K zone.
- This offers a bullish reversal setup, especially if paired with declining volume.
👉 Read: How to Trade W-Patterns
👉 Check our Internal Guide: BTC Chart Strategy
Market Sentiment & Expert View
Tensions between Donald Trump and Elon Musk earlier this month briefly affected sentiment, causing a dip below $108,000. However, the recovery has been quick, suggesting buyers are stepping in aggressively near support.
“This is not the time to panic,” says Bitwise analyst Mark L. “Bitcoin is still holding its bullish structure. We expect $230K by December if macro conditions remain stable.”
Why This Bitcoin Price Prediction Matters
| Indicator | Value/Comment |
|---|---|
| Current Price | $109,594 |
| Resistance | $110,415 |
| Support | $104,000 |
| Long-Term Target | $230,000 (per Bitwise) |
| Key Candle Pattern | Monthly Doji, Daily Doji |
| Setup to Watch | Doji breakout, W-pattern reversal |
Final Thoughts: What Traders Should Do Now
The Bitcoin price prediction of $230K is not just wishful thinking — it’s backed by technical charts, macroeconomic forecasts, and institutional sentiment. As Bitcoin consolidates near its major breakout zone, smart traders are:
✅ Watching $110,415 for a breakout
✅ Preparing for W-pattern entries
✅ Accumulating gradually above $104K
✅ Ignoring short-term noise
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