đ Bitcoin ($BTC) Update â June 12, 2025
Bitcoin is currently trading at $107,653.98, marking a 1.79% decline over the past 24 hours. The 1-hour chart shows continued downward momentum, with price action slipping after reaching a daily high of $110,392 and a low of $107,320.
Heavy sell volume appeared in the early session, reinforcing bearish sentiment. Short-term moving averages (MA 5 & MA 10) are trending lower, suggesting the correction may extend further.
If BTC fails to stay above the $107K level, the next key support lies between $105Kâ$106K. On the flip side, a move back above $108.5K could point to a short-term recovery. For now, the trend leans cautiously bearish, and traders should keep a close eye on price action.
