📉 #BTC Update: June 13, 2025

Bitcoin ($BTC ) is currently trading at $104,746, experiencing a decline of 2.73% over the past 24 hours. The market is facing heightened volatility due to the expiration of nearly $3 billion in Bitcoin options, which could influence price movements as traders adjust their positions.

Additionally, geopolitical tensions, particularly the recent escalation in the Middle East, have contributed to market uncertainty, impacting investor sentiment across the crypto space.

As of now, BTC is testing support levels around $106,000, with resistance near $111,000. Market participants are closely monitoring these levels to gauge potential breakout or breakdown scenarios.

Given the current market dynamics, investors should exercise caution and stay informed about both technical indicators and macroeconomic developments that could influence Bitcoin's price trajectory.

Bitcoin Faces Market Turbulence Amid Expiring Options and Geopolitical Tensions