#SouthKoreaCryptoPolicy Bitcoin – Sunday, June 8, 2025 – Bearish Analysis until USD 95,000 📉

The price of BTC hovers around 106,300 USD, after bouncing back from levels of 104,000 USD, but without reversing the technical bearish trend. A Head & Shoulders pattern is observed in short time frames, with a neckline close to 103,000 USD; its breakout paves the way towards 95,000 USD, as alerted by Crypto Patel and other analysts.

Furthermore, John Bollinger, creator of the bands of the same name, agreed that the rally may have ended, with room for a correction down to 102,000 USD or less. CoinDesk highlights that unless BTC manages to surpass 107,000 USD, selling pressure could intensify, with key support at 100,000 USD and 95,500 USD as the next target.