$BTC

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📉 Bitcoin Under Pressure: Bearish Signals Strengthen

June 2025

Bitcoin is experiencing increasing selling pressures after failing to surpass the resistance of $112,000, amid the formation of clear bearish technical signals. The prominent pattern is the "Double Top" that has appeared on the daily chart, which signals a potential trend reversal if the previous level is not strongly broken.

Momentum indicators like RSI and MACD are showing a negative divergence, reflecting a decline in buying strength despite rising prices. Additionally, the price is now below the 50-day moving average, approaching a "Death Cross" with the 200-day average, which supports the negative outlook in the short term.

Additional patterns such as the Bearish Pennant and Rising Wedge reinforce the bearish scenario. Furthermore, whales and institutions have begun to reduce their positions, supported by on-chain data and a decline in the MVRV index.

In terms of potential scenarios:

Breaking below $100,000 could open the door for a deeper decline towards $95,800, then $94,000, and possibly $90,000.

A rebound above $109–112K could lead to a temporary sideways movement, but without strong indications of a resumption of the uptrend.

The macro environment is also applying pressure through global monetary policy tightening and increased geopolitical tensions.

🔹 Suggested Strategy

For Traders: Monitor a break below $104K, with a stop loss above $106K, and targets of $97–94K.

For Investors: Watch the $100–94K areas for accumulation, provided there are clear support signals.