Saturday, June 14, 2025 (2:52 AM Saudi Arabia Time), the Bitcoin situation indicates a period of decline or correction after reaching high levels.
In short, here is the current situation:
* Price: Bitcoin is currently trading around $105,000 to $106,000.
* Decline: The price of Bitcoin has declined over the past 24 hours, dropping between 0.5% and 1.28%, and has reached levels below $108,000 after having surpassed it.
* Volatility: The markets are experiencing fluctuations, and Bitcoin is moving within daily, weekly, and monthly price ranges.
* Sentiment: There are signs of a collective decline in cryptocurrency prices in general.
* Technical Analysis:
* Some technical indicators (such as MACD) indicate a selling trend.
* While other indicators (such as RSI and Ultimate Oscillator) indicate a "buy" or "neutral" state in some time frames.
* The overall structural trend in the long term (weekly and daily) is still considered bullish by some analysts, even with the current correction.
* Influencing Factors: Geopolitical tensions and investor concerns seem to play a role in this decline.
Overall, Bitcoin is undergoing a short-term corrective phase, but it still maintains relatively high price levels compared to the beginning of the year, with mixed expectations for the near and distant future.