$BTC $BTC
๐ Bitcoin Today โ June 12, 2025:
The Bitcoin price has dropped by approximately 1.7% to trade around $107,660, after nearing the $110,300 mark earlier today.
๐ Main Reason:
The release of weaker-than-expected U.S. inflation data has bolstered hopes for an imminent interest rate cut, which is typically a supportive environment for high-risk assets like cryptocurrencies.
A decrease in market liquidity as high-leverage positions begin to unwind, leading to temporary selling pressure.
Technically, momentum remains positive, with indicators suggesting the potential for a continued upward trend in the short term.
๐ Summary:
Despite the slight decline, the overall outlook for Bitcoin remains bullish, supported by economic and technical factors. This drop could be viewed as a new accumulation opportunity before an attempt to break the next resistance levels.