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According to Odaily, despite the market's sideways movement, Bitcoin traders remain optimistic about the cryptocurrency's price trajectory. The prevailing sentiment within the community is not bearish, with many believing that the bull market is far from over. There is a consensus that Bitcoin is preparing for a new phase of price discovery. Trader Alan Tardigrade has observed that Bitcoin is following an ascending broadening wedge pattern. Historically, since 2023, this signal has led to Bitcoin price increases of 49%, 125%, and 68%. Another trader, Merlijn, highlights that Bitcoin is currently exhibiting a classic price bottom structure in the form of an inverted head and shoulders pattern, with a near-term target price potentially reaching $140,000.

According to PANews, Bitcoin prices have recovered from a sell-off triggered by events in the Middle East, as young investors express increased long-term confidence in its global appeal. Jeff Park, a portfolio manager at Bitwise Asset Management, noted that young investors are now aiming to "hold a full Bitcoin" as a new wealth goal, replacing traditional property investments.

On Jun 15, 2025, 05:59 AM(UTC). According to Binance Market Data, Bitcoin has crossed the 106,000 USDT benchmark and is now trading at 106,065.992188 USDT, with a narrowed 0.73% increase in 24 hours.

According to PANews, on-chain analyst Yu Jin reported that trader AguilaTrades has opened a new long position in Bitcoin valued at $200 million. The position involves 1,894 BTC with a 20x leverage, an entry price of $104,976, and a liquidation price of $97,265. Currently, the position shows an unrealized profit of approximately $910,000. Previously, AguilaTrades opened a Bitcoin long position on June 9, which was closed on June 13 with a loss of $12.48 million.

On Jun 14, 2025, 19:09 PM(UTC). According to Binance Market Data, Bitcoin has crossed the 105,000 USDT benchmark and is now trading at 105,015.632813 USDT, with a narrowed narrowed 0.12% decrease in 24 hours.

According to PANews, data from Cloverpool indicates that Bitcoin mining difficulty has been adjusted at block height 901,152. The mining difficulty has decreased by 0.45%, bringing it down to 126.41 T.

According to Odaily, Strategy founder Michael Saylor has expressed that global capital will increasingly move towards digital spaces like the Bitcoin network. He believes that the United States should acquire as much Bitcoin as possible at an early stage to gain an advantage before other countries recognize its value. Saylor emphasized that the Bitcoin network, as a decentralized financial infrastructure, will be central to future capital flows.

According to PANews, El Salvador has increased its Bitcoin holdings by 8 BTC over the past week. The country's total Bitcoin reserves now stand at 6,207.18 BTC, with a total value of approximately $652 million.

Key Takeaways:Historical data shows Bitcoin often gains 16–24% following major oil price spikes.BTC is currently trading near $102,800, down from last week’s high of $110,200.A similar rebound could push Bitcoin to $119,200 by June 21, based on past trends.Bitcoin Eyes $119K as Oil Surge Sets Up Familiar PatternBitcoin’s price could be poised for a breakout to $119,000 if historical trends following oil price rallies hold. Data shows that Bitcoin has rallied between 16% and 24% within days of sharp oil price spikes, despite initially reacting negatively to geopolitical stress.BTC Drops During Oil Spike—Then Rebounds StronglyDuring the latest rally, WTI crude oil surged 19%, climbing from $64.80 to $77 per barrel between Wednesday and Friday. Bitcoin, in turn, dropped from $110,200 to $102,800, reflecting its risk-on nature during uncertain macroeconomic periods.Yet, historical data reveals a pattern: BTC often rebounds sharply in the days following oil-driven declines.Historical Examples:Jan 2025: Oil surged to $80.50; Bitcoin dropped to $89,300, then rallied 22% to $109,300 in 7 days.Oct 2024: Oil spiked to $77.50; BTC dipped to $58,900, then rebounded 16% to $68,960.Aug 2024: Oil rose to $80 after Libyan unrest; BTC fell to $56,150, then climbed 16% to $65,000.Target: $119,200 by June 21?If the current pattern repeats, Bitcoin’s drop to $102,800 could be the start of a new upswing. A 16% rebound from current levels would push BTC toward $119,200 by June 21, mirroring prior oil-driven rallies.While no trend is guaranteed, rising oil prices—now at five-month highs—suggest another short-term buy-the-dip opportunity for BTC traders, according to Cointelegraph.

According to PANews, BlackRock has acquired 3% of the total Bitcoin supply, positioning itself as one of the largest institutional holders of the cryptocurrency. This development was reported by Cointelegraph, highlighting BlackRock's significant investment in the digital asset market. The move underscores the growing interest and involvement of major financial institutions in cryptocurrencies as they seek to diversify their portfolios and capitalize on the potential of digital currencies.

According to Binance Market Data, Bitcoin (BTC) dropped below 105,000 USDT and is now trading at 104,982.226563 USDT, with a 0.43% increase in 24 hours.

According to Odaily, Trump Media & Technology Group (TMTG) has announced that its $2.3 billion Bitcoin vault transaction's S-3 registration statement was officially declared "effective" by the U.S. Securities and Exchange Commission (SEC) on June 13. This transaction involves the resale of 56 million shares and 29 million shares related to convertible bonds, involving approximately 50 investors. TMTG regards Bitcoin as a "premier tool for financial freedom" and plans to hold it as a core asset. Previously, on June 5, TMTG submitted a spot Bitcoin ETF application to the SEC, intending to establish a trust fund with Bitcoin as the primary asset.

According to BlockBeats, CryptoQuant analyst Axel reported on social media that the Bitcoin Advanced Sentiment Index has dropped to approximately 46%, slightly below the neutral threshold of 50%. Earlier in June, market bullish sentiment surged above 80%, but the index has since declined. Despite a recent price rebound from $103,000 to $105,000, open interest and net buying volume have not provided effective support, with the volume difference remaining near zero.Currently, Bitcoin's price is fluctuating between $103,000 and $105,000, with no significant signs of new buying interest. For the upward trend to continue, the index needs to rise back to the 60-65% range, which requires simultaneous growth in net active buying volume and open interest. Otherwise, the market may test the support level in the $102,000 to $103,000 range.

According to Odaily, Trump Media Technology Group (DJT) has submitted an application to the U.S. Securities and Exchange Commission (SEC) regarding its plans to invest in Bitcoin. The company has stated that it does not intend to raise funds for this purpose at the present time.

According to Binance Market Data, Bitcoin (BTC) crossed the 106,000 USDT benchmark and is now trading at 106,000 USDT, with a 0.07% decrease in 24 hours.

According to Binance Market Data, Bitcoin (BTC) dropped below 105,000 USDT and is now trading at 104,908.460938 USDT, with a 3.24% decrease in 24 hours.

According to Odaily, several insiders at MicroStrategy have recently purchased approximately $1.3 million worth of the company's preferred shares. This acquisition highlights the confidence of the company's leadership in its financial strategies and future prospects.

According to PANews, JPMorgan has raised the target prices for several Bitcoin mining companies, including CleanSpark, Riot Platforms, and MARA Holdings, reflecting the increase in Bitcoin prices and improved mining profits. The target price for CleanSpark (CLSK) has been increased from $12 to $14, Riot Platforms (RIOT) from $13 to $14, and MARA Holdings to $19. The bank maintains an 'overweight' rating for CleanSpark, IREN, and Riot Platforms, while keeping a 'neutral' rating for Cipher and MARA. Analysts have adjusted the expected Bitcoin spot price upward by 24% and increased the estimated network hash rate by 9%.

According to PANews, Brazilian technology company Méliuz, which is publicly listed, has successfully raised $32.5 million. The funds are earmarked for expanding the company's Bitcoin investments. This strategic move underscores Méliuz's commitment to increasing its presence in the cryptocurrency market.