#CryptoCharts101 Bitcoin – Sunday, June 8, 2025 – Bearish Analysis until USD 95,000 📉
The price of BTC hovers around USD 106,300, after bouncing from levels of USD 104,000, but without reversing the technical bearish trend. A Head & Shoulders pattern is observed in short time frames, with the neckline close to USD 103,000; its breakdown paves the way towards USD 95,000, as warned by Crypto Patel and other analysts.
Additionally, John Bollinger, creator of the bands of the same name, agreed that the rally may have ended, with room for a correction down to USD 102,000 or lower. CoinDesk highlights that unless BTC manages to surpass USD 107,000, selling pressure could intensify, with key support at USD 100,000 and USD 95,500 as the next target.