$BTC As of June 12, 2025, Bitcoin (BTC) is exhibiting mixed signals, but with an underlying bullish sentiment.

Current Situation: BTC recently dropped below $108,000 USDT but is attempting to establish a higher low to regain bullish momentum. The Relative Strength Index (RSI) is showing exaggerated oversold levels, suggesting a potential rebound. Exchange reserves are at critical lows, indicating a tightening supply and accelerating accumulation.

Key Levels & Outlook:

* Support: Immediate strong support is around $107,350 and $106,748, with key levels at $105,000 and $100,000.

* Resistance: Critical resistance is at $110,000. A sustained break above this could target $112,000 and then $115,000.

Signal: While short-term technical indicators show some bearishness (e.g., several moving averages are "Sell"), the overall sentiment for mid-to-long term remains bullish, driven by institutional adoption, supply constraints, and a generally positive macroeconomic outlook.