Bitcoin Price Prediction: $105K Triangle Unwinds—Next Move to $108K or $102K?

Bitcoin Price Prediction: Triangle near $105K hints at breakout to $108K or breakdown to $102K. See the key levels and trade plan.

Written by: Maham Arslan • Sunday, June 15, 2025 • 2 min read

• Last updated: Sunday, June 15, 2025

Quick overview

Bitcoin Price Prediction: Triangle near $105K hints at breakout to $108K or breakdown to $102K. See the key levels and trade plan.

Bitcoin is forming a classic symmetrical triangle on the 2-hour chart, with prices tightening between mid-June lows ($102,831) and highs around $106,134. Today’s price is hovering near $105,443, supported by a substantial $36.6 billion in daily trade volume, indicating an equilibrium between buyers and sellers.

Within this triangle, higher lows and lower highs reflect a neutral consolidation, waiting for a breakout.

The 50-period EMA sits just overhead at $105,941, while the 200-period EMA at $106,126 adds a second layer of resistance. A recent bullish engulfing candle at the lower trendline signals renewed buyer interest. Yet, softer candles, like Dojis suggest a tug of war rather than a decisive shift.

Momentum indicators suggest that the RSI is holding around 50, and the MACD is gradually narrowing, hinting at a potential upward reversal. Crucially, we’re not seeing bearish formations like “three black crows,” a subtle green light for upside potential, at least temporarily.

BTC/USD

Bitcoin Resistance Levels That Matter

Technical traders are watching these key thresholds for BTC/USD :

$106,134 – Breakout level clearing both EMA resistances
$107,644 – First take‑profit beacon at Fibonacci 1.0 extension
$108,446 – Secondary target aligning with upper trendline

On the flip side, upside potential falters here without volume:

Still below EMAs, requiring strong buying momentum
Triangle apex suggests the move could arrive in days

Bitcoin Trade Idea

Here’s a simple, disciplined setup:

Entry (Long): Wait for a 2‑hour candle to close above $106,134, breaking clear of both EMAs with volume
Target 1: $107,644
Target 2: $108,446
Stop-Loss: Below the most recent higher low ($104,430)

If the price breaks down instead:

Entry (Short): Close under point B ($104,430) with volume
Target: $102,831 (triangle base)
Stop-Loss: Just above the candle that breaks support

Why This Setup Works

By waiting for a clear breakout or breakdown, you’re not guessing. A confirmed move above $106,134 could trigger a fresh, disciplined leg up. Conversely, a break below $104,430 minimizes risk by narrowing targets.

This symmetrical triangle picture gives structure: you’re not chasing a trend; you’re acknowledging range‑bound realities and only jumping in when the price confirms direction.

In short, Bitcoin’s triangle is the stage where the performance comes only after the breakout. Aim for clarity over speed and control exits tightly. Let the chart guide the trade.

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ABOUT THE AUTHOR See More

Maham Arslan

Crypto News Writer | Blockchain & Web3 Reporter

Maham is a crypto news writer and market analyst specializing in breaking down the latest developments across blockchain, digital assets, and decentralized finance (DeFi). With hands-on experience covering high-impact stories—from regulatory shifts and token launches to macro-driven price movements—she delivers timely, accurate, and SEO-optimized content for fast-growing crypto media platforms. Her expertise lies in producing daily news reports, price predictions, technical summaries, and coverage of market-moving events. Maham tracks real-time updates across global newswires, X (Twitter), and on-chain data to provide actionable insights tailored for retail traders, crypto enthusiasts, and institutional readers. With a strong grasp of crypto fundamentals and Web3 trends, she delivers content that’s informed, accessible, and always on time.