On May 28, 2025, GameStop (GME) stunned markets in two very different ways.
First, the company announced that it had purchased 4,710 Bitcoins at an average price of $108,837 each, committing $512.6 million to its first major cryptocurrency investment.
Then, in an almost immediate reversal of sentiment, GME shares plunged 9%.
The stock opened that day at $35.785, climbed as high as $37.405, then tumbled to $30.77. A $6.63 swing in one trading session is huge for any company, but it’s especially wild for GameStop. With its roughly $12.75 billion market cap, the stock has become a magnet for meme-stock activity.
This fresh episode of volatility shows how retail-driven momentum often matters more than traditional financial metrics when it comes to GameStop’s stock price.
GameStop’s Current Situation
GameStop’s core retail business has been under pressure for years. Revenue dropped to $3.8 billion in early 2025 from $9.47 billion in 2010, and the company closed 960 stores in 2024 alone, with more closures expected this year.
Against this backdrop, jumping into Bitcoin looks like a bold play to stay relevant. It mirrors what MicroStrategy has done under Michael Saylor, and word is that CEO Ryan Cohen has been in talks with Saylor himself. Those conversations may have inspired GameStop’s crypto play, adding a new layer of excitement for investors who follow both stocks and crypto.
Also Read – $764.9 Million Worth of Bitcoin Just Purchased
GameStop (GME) Technical Analysis for June 2025
Now we will predict the price of GameStop for June 2025. But before making the price prediction, please be mindful that these price targets are speculative in nature.
Also, the technical analysis done here is only for educational and informational purposes. It is not meant to induce anyone to take a trade based on this chart analysis.
This price forecast for GME is simply the author’s personal opinion and speculation based on available technical analysis tools. So take it only for reference.
Always do your own research or consult a qualified advisor before making investment decisions.
Also Read – GameStop (GME) Stock Price Prediction, Forecast, Target for 2025, 2030, 2040 & 2050
Let us begin now.
If we look at the yearly chart of GME, the price in 2025 is still within last year’s trading range. The stock is currently trading between a high of $64.83 and a low of $10.01.
The Bottom Line
In June 2025, we may see GME stock touching the $46.50 mark with some decent pullbacks.
But overall, the verdict by FeelTheCandlesticks is bullish for the month of June 2025.
The 9% drop on May 28 seems to be a correction despite the bullish news, as the stock had already rallied in earlier trading sessions.
The price has also tested the 9-day EMA, and it has already pulled back to the FTC special SR zone (the golden zone in the picture). So there seems to be a very high probability that the price might rally upward in the coming days. The GME stock may continue to follow positive fundamental news.
Disclaimer: The information provided here is for educational and informational purposes only and does not constitute financial or investment advice. Trading and investing involve risk, and past performance is not indicative of future results. Always conduct your own research and consider consulting with a qualified financial advisor or professional before making any investment decisions.
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