Will Bitcoin Go Up in June 2025?: BTC Price Prediction and Forecast

• Bitcoin rallied in May 2025 to hit a new high of $112k

• June 202 predicts a high of $120k and a low of $95k

Will Bitcoin Go up in June 2025

Throughout May 2025, Bitcoin had one of the strongest performances hitting multiple ATHs. May 2025, saw Bitcoin rally from $85k to a new all-time high of $112k. To reach this level, the crypto reached new levels three times.

A rally to $112k stands as one of the largest price pumps, in Bitcoin history. The recent rally has left all market market participants eyeing a rally to new highs.

Therefore, although, the month of June has started on a downtrend, it doesn't mean the bull run is over. On the contrary, it seems to be a healthy market correction before another leg up. The question is; will Bitcoin go up in June 2025?

Bitcoin price forecast for June 2025 showing a downward trend, with predictive bands indicating varying confidence levels. Data sourced from CryptoQuant.com.

According to Cryptoquant, we can use a deep learning model to predict Bitcoin price performance for June.

Using a deep learning model called WaveNet, powered by GluonTS and MXNet. We can attempt to determine the next price stop. The model was trained on Bitcoin’s entire history from 2012 to 2025, using a massive set of 399 on-chain metrics. These include everything from; Price and trading volume, Exchange inflows and outflows, Miner activity and fees, and Network health and transaction trends.

Read also: Bitcoin outpaces altcoins

All this data was sourced from Cryptoquant, a leading provider of blockchain analytics. According to the results, the central forecast line suggests that Bitcoin may experience a slight downward trend in the coming month. However, the forecast bands are wide, indicating a lot of uncertainty, especially with the current mix of macroeconomic shifts and on-chain activity.

This observation is especially true since Crypto has started in a downtrend. The month of May ended on a retrace with BTC dropping from $110k to a low of $103k. Despite these price drops, the fundamentals remain strong.

Bitcoin Short Term Holder SOPR vs. Price: The chart illustrates the Short Term Holder Spent Output Profit Ratio (SOPR) alongside Bitcoin's price in USD for May. Noticeable fluctuations in SOPR values are demonstrated, with a dip below 1.0 by the end of the month, indicating potential losses for recent short-term holders as Bitcoin's price hovers around $103.9K.

The first metric to look at is the short-term holder's behavior. Bitcoin's short-term holder SOPR has dropped below 1. A drop below 1 here means that recent buyers are now facing losses. With STHs seeing losses in their holders, they currently have no incentive to sell. Thus, those who bought BTC from $104k and $112k will likely continue to hold. If this group holds, the market will see less selling pressure positioning BTC for potential gains.

Bitcoin Long Term Holder SOPR Analysis: The graph illustrates the fluctuations in Bitcoin's Long Term Holder Spent Output Profit Ratio (SOPR) in early May, alongside the price trajectory, which stands at approximately $103.9K. Notable volatility is evident, reflecting shifts in long-term holder profitability.

Secondly, long-term holder's spending is a key market indicator to watch. Currently, the long-term holder's SOPR sits at 2.2. A value above 1 means LTHs are selling at a profit. Those who have held BTC for months are still in profit. With SOPR at 2.2, it's safe to say that these holders are selling moderately. Historically, the market peaks above 3. If prices drop further, they will also not sell.

With spending from STHs and LTHs still low, we cannot say Bitcoin will experience the whole of June on a downtrend.

June 2025 Price Prediction

Based on my analysis, Bitcoin could drop and trade in a consolidation between $95k and $102k. At this level, there are around 4.47 million addresses that have purchased 1.39 million BTC.

Visualization of BTC holding addresses, indicating a current price of $103,953.55. The chart highlights key statistics: a minimum price of $88,081.43, maximum price of $102,578.12, and average price of $95,728.23, with a total volume of 3.19 million BTC across 4.47 million addresses.

Demand at this level is very high and will act as a key support level. If BTC breaks below this level, it will lead to a massive decline dipping to the next support around $72k.

This is very unlikely to happen. Therefore, BTC will hold between $95k and $102k if prices drop then attempt another rally. If the uptrend starts around $102k, the next level is $120k where BTC sellers could start making a profit again.

In June, we should expect prices to rally up to $120k if the market sees an uptrend. On the downside, BTC is unlikely to drop below $95k in June.