$BTC Here is a comprehensive analysis of Bitcoin (BTC) as of June 2025, focusing on the currently influencing factors:

### 1. **Current Market Situation**

- **Price**: ~$63,000 (fluctuations between 60,000 - 65,000 over the last week).

- **Trend**: A decline of ~4.5% weekly due to selling pressures and regulatory uncertainty.

- **Market Capitalization**: ~$1.24 trillion.

### 2. **Key Influencing Factors**

#### A. **Regulatory Concerns**

- **United States**: Increasing discussion around bills to restrict the operation of cryptocurrencies.

- **European Union**: Implementation of MiCA regulations may increase transparency but raises compliance costs.

#### B. **Macroeconomic Indicators**

- **Interest Rates**: Expectations of a cut from the U.S. Federal Reserve may support risky assets.

- **U.S. Dollar**: The strength of the dollar currently puts pressure on BTC.

#### C. **Internal Factors for the Bitcoin Network**

- **Network Activity**: A decrease in transaction volume (-15% monthly).

- **Hash Rate**: Stability at record levels (~600 EH/s), enhancing network security.

- **Futures**: A drop in open positions indicates a decline in short-term speculation.

### 3. **Technical Analysis**

- **Key Support**: $60,000 (same psychological level and 200-day moving average).

- **Resistance**: $65,500 (current June peak).

- **Indicators**:

- **RSI**: ~42 (neutral with a tendency to sell).

- **MACD**: Bearish signal but oversold conditions may limit