๐ Bitcoin Dips to $106K โ Healthy Pullback or Deeper Correction Loading? โ ๏ธ๐
BTC/USD 1D Chart Analysis โ June 13, 2025 | 4:09 AM PKT
๐ Current Price: $106,205.23
๐ป Down -2.28% (-$2,481.77)
๐ Market Snapshot:
After struggling to break the $111Kโ$112K resistance zone, Bitcoin is pulling back, showing signs of short-term bearish momentum.
But donโt panic yet โ the macro trend still leans bullish if BTC holds key levels ๐
๐ก๏ธ Key Support Zones:
๐ $105,016.89 โ Immediate support (watch this level closely)
๐ก๏ธ $100,000.00 โ Major psychological + technical level
๐งฑ $97,811.55 โ Strong support floor (a breakdown here = trouble)
๐ผ Resistance Levels to Watch:
๐ง $111,943.81 โ First hurdle to reclaim momentum
๐บ $115,074.37 โ Next major resistance
๐ $120,000.00 โ Bullish breakout target
๐ Short-Term Outlook:
Bitcoinโs rejection from the $111K level signals a cooling phase.
A dip to $100Kโ$97.8K is possible before the next big move.
๐ก Buy zone for dip hunters could be around $100K, with caution.
๐ Long-Term Outlook:
As long as BTC holds above $100K, the bullish structure remains intact.
A recovery bounce could re-target $115K โ $120K in coming weeks.
However, a break below $97,811 may invite a deeper correction, possibly toward $93K or lower.
โ ๏ธ TL;DR:
BTC at $106K, pulling back from key resistance.
Critical support = $100K. Lose that, and bears take control.
Hold above = $120K still in play. ๐
๐ฏ Smart traders are watching the $100K zone like hawks.
๐จ Donโt chase pumps โ and donโt fade the dip without confirmation.
๐ Share this with your crypto fam.
๐ Trade smart. Protect profits. Stay updated.
