$BTC Based on the current situation, Bitcoin (BTC) is likely to be bearish in the short term. On June 13, due to Israeli airstrikes in Iran, Bitcoin rapidly fell from a high of $108,000 to around $105,000. Technically, the RSI indicator on the 4-hour chart has dropped to the oversold zone near 35, and a death cross has formed above the MACD zero line, indicating increased bearish momentum. In terms of market sentiment, geopolitical risks have triggered panic, and capital flows may turn negative, weakening bullish forces. Until Iran makes a clear response, the market's risk aversion sentiment is unlikely to dissipate, making BTC prices susceptible to pressure.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.