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This is reported by Business • Media
The beginning of June 2025 was marked by a decrease in the price of Bitcoin from $105,800 to $104,600, while Ethereum is trading slightly below the $2,500 mark. Analysts at Cryptology Key conducted a detailed review of the current market situation and shared their predictions regarding the future price movements of the most popular cryptocurrencies.
Bitcoin Dynamics: Expectation of a Correction
On the monthly chart, Bitcoin closed above $100,000; however, the maximum was reached only by the body of the candle from below. According to experts, this signals a likely beginning of a correction in the first half of June 2025.
No significant changes have occurred compared to the previous analysis. At that time, two key scenarios were considered, and currently, the first of them is being realized. The weekly candle on the chart shows an engulfing of the previous one, indicating a possible halt at the $100,000 level – this level is significant support and marks the removal of double weekly lows.
Experts are analyzing two possible scenarios for Bitcoin:
- In the first days of June, impulses may occur with a subsequent reaction at the $105,000 level, after which a decline to $100,000 is expected.
- The second scenario involves closing the price above $105,000 and further growth. However, experts note that many altcoins have already reached their April lows, so caution is advised.
Forecast for Ethereum: Potential Correction and New Levels
The monthly candle for Ethereum closed above $2,300, opening up two possible scenarios. The first involves a quick correction, while the second anticipates accumulation in June with the formation of an imbalance zone that could provoke increased activity in July.
The most likely scenario, according to experts, is a correction to levels of $2,100 and $1,935. Chart analysis shows that Ethereum is facing difficulties in closing above the problematic zone, confirming expectations of further weakness in the asset.
On the weekly chart, it is evident that a deviation in the range has already formed, and double tops have been removed. This, according to analysts, increases the likelihood of further correction and new lows. A possible scenario is a decline from current levels or a slight correction with a test of problematic zones before further decline.
Thus, during June 2025, a correction period is expected in the Bitcoin and Ethereum markets, which may influence the future price movements of both assets. Experts advise investors to remain vigilant and consider potential volatility.