🔥 Bitcoin (BTC/USDT) Market Snapshot — June 14, 2025
Price: $104,884.89
Trend (8H Chart): Bearish correction
24h High: $106,252
24h Low: $104,118
Last Peak: $110,530.17
Indicators:
• MA(7): 105,578.95
• MA(25): 106,758.85
• MA(99): 106,158.62
📊 Technical Analysis (8H Chart)
1. Short-term momentum is bearish – price is trading below all key moving averages.
2. Volume has dropped sharply — this signals cooling down in both bullish and bearish momentum.
3. Support Zone: $104,100 to $103,300
If broken, BTC may test $102,000 or even psychological support at $100,000.
4. Resistance: $105,500 (MA7) and $106,700 (MA25)
BTC must break these to regain upward momentum.
🤖 What Smart Traders Do Now:
Don’t panic sell in correction zones.
Watch for bounce confirmation near $104K.
Use tight stop-loss if longing.
Spot DCA buyers may accumulate if BTC dips closer to $100K.
🎯 Summary:
BTC is correcting after a recent high of $110K. It's not bullish yet, but also not crashing. Sideways to bearish bias unless it reclaims key MAs.
