$BTC latest on Bitcoin (BTC) as of June 13, 2025:

📉 Market Snapshot

Current price: ~$104,763 — down about 2.5% in the past 24 hours.

Intraday range: between ~$103,081 and ~$108,376.

24‑hour trading volume sits around $70 billion — showing strong liquidity .

🔍 What’s Driving the Market

1. Geopolitical Pressure

Reports of Israeli strikes in Tehran rattled markets, pushing $BTC BTC below $105K amid rising uncertainty

2. Macro Headwinds

U.S. PI data triggered a broad crypto pullback. Bitcoin dropped to ~$106.7K yesterday before sliding to current levels .

3. Institutional Momentum

Crypto spotlight remains strong: Anthony Pompliano plans to launch P, a new $750 million Bitcoin investment vehicle via merger — fueling optimism in the institutional space .

📊 Technical Outlook

Despite the short‑term retreat (~2–3%), some on‑chain analysis and chart setups (like Bollinger Bands) suggest the bullish uptrend could still hold — although resistance is looming near the recent all‑time highs around $112K .

Key support levels to watch: $103K–$104K zone — current trading area.

Potential upside target: revisit the $110K–$112K range — especially if BTC garers traction or maro sentiment settles.