Will Bitcoin Plunge to $100K? Technical Analysis and Market Trends

Table of Contents

Main Points:

  • Bitcoin (BTC) risks a drop to $100,000 if it breaks below the 50-day SMA, but strong buyer interest may defend that level; a decisive break above the 20-day EMA could open a move to $112,800.
  • Ethereum (ETH) remains range-bound between $2,323 and $2,738; reclaiming $2,738–$2,879 could spark a rally to $3,153, while a drop below $2,323 threatens $2,111.
  • XRP is consolidating in a $2.00–$2.34 range; closing above $2.34 would signal momentum toward $2.65, whereas falling below $2.00 exposes $1.61 support.
  • Solana (SOL) faces critical support at $140; a breakdown completes a bearish head-and-shoulders targeting $123–$110, while a rebound above the 50-day SMA could keep prices between $140 and $185.
  • Institutional Bitcoin demand remains strong, with spot ETF inflows led by BlackRock and Fidelity; corporate treasury allocations continue to grow amid macro uncertainty.
  • Public companies are increasingly adopting Bitcoin treasury strategies, inspired by MicroStrategy’s gains; however, prices below $90K could trigger portfolio losses for half of these firms.
  • Ethereum exchange supply is at a nine-month low as whales accumulate, suggesting potential upside if range resistance is overcome.

Introduction

In mid-June 2025, the major cryptocurrencies continue to navigate a delicate balance between technical indicators and evolving market dynamics. Bitcoin’s resilience above key moving averages underscores its growing perception as a digital store of value, even as geopolitical tensions and Federal Reserve policy cues inject bouts of volatility. Ethereum, XRP, and Solana likewise remain in defined trading ranges, awaiting catalyst events to break through resistance or support levels. Meanwhile, institutional adoption—evidenced by steady spot ETF inflows and corporate treasury strategies—continues to shape the long-term trajectory of digital assets.

This article synthesizes recent chart analyses for BTC, ETH, XRP, and SOL, incorporating additional insights from institutional flows and on-chain metrics. We provide detailed subheadings for each coin’s forecast, followed by a comprehensive conclusion on what traders and investors should watch in the coming weeks.

Bitcoin Price Outlook

Technical Levels:

  • Resistance: 20-day EMA at $105,851; descending trendline resistance near $112,800.
  • Support: 50-day SMA at $104,000; critical psychological level at $100,000, followed by $93,000.

On Monday, Bitcoin briefly crossed above the 20-day exponential moving average (EMA) at $105,851 but failed to sustain the breakout, retreating to test the 50-day simple moving average (SMA) on Tuesday. The flat 20-day EMA and neutral relative strength index (RSI) point to a consolidative range in the near term. A decisive break below the 50-day SMA would expose Bitcoin to a swift decline toward $100,000—an area where buyers have historically defended aggressively. If that level gives way, additional downside toward $93,000 becomes increasingly likely.

Conversely, reclaiming and holding above the 20-day EMA could see BTC/USDT attempt a rally to the descending trendline. A clear break above this trendline, around $112,800, would complete an inverse head-and-shoulders pattern, potentially fueling further upside.

Institutional and Corporate Trends:
Institutional demand remains a pillar of support for Bitcoin prices. U.S. spot Bitcoin ETFs recorded another week of net inflows, led by BlackRock and Fidelity, highlighting growing confidence in BTC as a portfolio diversifier. Moreover, a rising cohort of non-crypto-focused public companies is allocating portions of their cash reserves to Bitcoin, emulating MicroStrategy’s enduring strategy. As of mid-June, at least 61 such firms, including a $3.6 billion joint venture involving SoftBank and Tether, have adopted Bitcoin treasury strategies. While this corporate demand underscores Bitcoin’s maturing role, analysts caution that a drop below $90,000 could inflict significant losses on half of these treasury holders.

Ethereum Price Outlook

Technical Levels:

  • Resistance: 20-day EMA at $2,560; $2,738 intraday high; next at $2,879.
  • Support: $2,323; critical support at $2,111.

Ethereum has mirrored Bitcoin’s sideways action, trading above the 20-day EMA near $2,560 but facing sell-pressure around $2,738. Both moving averages have flattened, and the RSI sits near the midpoint, suggesting continued range-bound behavior between $2,323 and $2,738 over the next few sessions.

A bullish scenario requires buyers to breach $2,738 decisively, which could open a path to $2,879 and, if momentum extends, up to $3,153. Failure to overcome this resistance would keep ETH consolidating. On the downside, a drop below $2,323 would invalidate the bullish outlook, risking a slide toward $2,111.

On-Chain Accumulation and Market Sentiment:
Ethereum’s exchange-balance metrics reveal a nine-month low in on-exchange supply, as whales have added over 670,000 ETH in the past nine days, indicating accumulation at current levels. This reduced supply on trading venues could accentuate price moves if buyers resume aggressive bidding. Additionally, macro cues such as the U.S. Federal Reserve’s recent decision to maintain interest rates have bolstered risk-on sentiment, indirectly supporting Ethereum alongside Bitcoin.

XRP Price Outlook

Technical Levels:

  • Resistance: 50-day SMA at $2.27; $2.34 recovery high; next at $2.65.
  • Support: $2.00; extended support at $1.61.

XRP attempted to sustain a breakout above the 50-day SMA at $2.27 on Monday but was capped at $2.34. Both the 20-day EMA and 50-day SMA are flattening, with the RSI hovering near neutral, pointing to an ongoing range between $2.00 and $2.34 in the short term.

A failure to hold the $2.00 level would signal the start of a renewed downtrend, targeting the next support at $1.61. Conversely, a close above $2.34 could rejuvenate bullish momentum, paving the way toward $2.65.

Broader Market Context:
Although XRP’s price action has been relatively muted compared to Bitcoin and Ethereum, developments in the ongoing SEC litigation and potential institutional partnerships could provide catalysts. Investors should watch for updates on regulatory clarity in the United States, which historically has led to strong XRP price swings.

Solana Price Outlook

Technical Levels:

  • Resistance: 50-day SMA at $160; upper range at $185.
  • Support: 20-day EMA at $154; critical support at $140; bearish head-and-shoulders target at $123–$110.

Solana rallied above its 20-day EMA at $154 on Monday but stalled at the 50-day SMA at $160. Sellers are currently pressuring prices down to a crucial $140 support zone. A breakdown below $140 would complete a bearish head-and-shoulders pattern, projecting a decline to $123 and potentially $110. However, a successful rebound that clears the 50-day SMA would indicate strong buying interest, likely containing SOL within a $140–$185 trading band. A sustained close above $185 would give buyers the upper hand for a more substantial upswing.

Ecosystem Developments:
Despite technical challenges, Solana remains a leading platform for decentralized applications (dApps) and non-fungible tokens (NFTs). Recent upgrades to its consensus layer and growing developer activity may underpin long-term value, even as short-term price volatility persists. Market participants should monitor network usage metrics and liquidity shifts among DeFi protocols on Solana to gauge underlying demand.

Conclusion

The current market environment for Bitcoin, Ethereum, XRP, and Solana is defined by tight trading ranges, neutral momentum indicators, and competing pressures from macroeconomic uncertainty and institutional demand. Bitcoin faces a critical test around the 50-day SMA and the psychological $100,000 level, while Ethereum and XRP tread familiar ground between their respective moving averages. Solana’s head-and-shoulders pattern warns of deeper retracements unless buyers can regroup above the 50-day SMA.

However, strong spot ETF inflows and corporate treasury allocations to Bitcoin, along with Ethereum’s on-chain accumulation, highlight a maturing market where long-term holders and institutions provide a stabilizing force. Traders should watch for decisive breaks of these technical thresholds, as they will define the next leg of the market cycle. Risk management remains paramount, with clear invalidation points for each asset guiding position sizing and stop-loss strategies.

Search

About Us and Media

Blockchain and cryptocurrency media covering and exposing the practical application development on the blockchain industry and undiscovered coins.

Featured

Recent Posts

Weekly Tutorial

Sign up for our Newsletter

Click edit button to change this text. Lorem ipsum dolor sit amet, consectetur adipiscing elit