$BTC Analysis of Bitcoin Movement June 12, 2025

As of June 12, 2025, the price of Bitcoin (BTC) has corrected to the range of US$107,000, after briefly touching the intraday level of US$110,000. This movement occurs in a global context full of uncertainty, particularly following the announcement of new import tariffs by Donald Trump against the European Union. The "risk-off" sentiment has led some investors to take profits, triggering short-term selling pressure.

However, technically, BTC is still in an upward trend. The market structure shows a healthy consolidation phase, with strong support zones at US$105,000–107,000 and resistance at US$112,000–115,000. On-chain data indicates that accumulation continues, particularly by institutions through spot ETFs and derivatives. This positive signal reinforces BTC's potential to continue its rally to US$120,000 in the coming weeks, as long as it does not breach critical support.

On the other hand, indicators such as RSI are beginning to show overbought conditions, which opens the space for a downward correction if there are no additional positive catalysts. Investors are advised to be cautious of high volatility that often occurs ahead of interest rate decisions or ongoing geopolitical turmoil.

In summary, BTC is currently in a phase of determining direction. If it can hold above US$107,000 and break through US$112,000, the bullish trend will continue. However, failure to maintain this support could drag the price back below US$100,000 in the short term.