Sister Sheng warned early, "Breaking 107000 means a drop!" It's not a war crime; 103000 could become a continuation of the decline!
Brothers, I hope you took yesterday's analysis seriously! This wave of decline in Bitcoin is said to be influenced by the conflict, but when Sister Sheng reminded you yesterday, there wasn't any conflict, right? Plus, she clearly stated that breaking below 107000 would trigger a new round of declining market; upon checking this morning, it was directly around 103000. This wave can be said to have been perfectly predicted by Sister Sheng!
In terms of market trends:
Next, the smaller time frame charts show signs of a potential head and shoulders bottom pattern. Meanwhile, 103000 serves as a minor support level; let's see if this is a continuation of the decline or a reversal point? Sister Sheng's view leans towards a continuation of the decline, with a significant probability of a rebound followed by further decline. It’s worth monitoring whether the 103000 level will be broken again; if it breaks again, this will confirm a continuation of the decline, leading to a continued downward trend!
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BTC Analysis: June 13, 2025 Daily Chart
