Analysis of $BTC on June 12
🔍 Technical Analysis (current):
🔻 Price: $107,656 (decrease -1.67%)
📉 Short-term trend: descending
🟡 MA(7): 107,696
🟣 MA(25): 107,784
🟪 MA(99): 108,775
The price is below all moving averages, indicating selling pressure
RSI(6): 39.53 — the oversold zone is approaching, but not critical yet. This is a signal that sellers are weakening, and buyers may activate soon
Volumes increased on the decline, then dropped — active selling pressure shifted to weak buying interest
📉 Key levels:
Support: 107,320 (daily low)
Resistance: 108,100–108,800 (MA zone and recent local peaks)
🔮 Today's forecast:
🔸 Bitcoin is currently in a local correction phase after a strong decline
🔸 Potential scenario — a range between $107,300–108,300 until news or significant player entry
🔸 If BTC holds above 108,300, a retest of 109K–110K is possible
🔻 If it breaks 107,300 — prepare for 106K as the next target
💡 Advice for traders:
Avoid entering on emotions. The situation is unstable, so it's better to work according to the scenario: fixation in a short-term range, with a tight stop beyond the levels
🔔 Watch the volumes