$BTC Market Update – June 13, 2025
Rough day for Bitcoin $BTC
— currently sitting around $103,985, down about 3.5% in 24h. Earlier today, $BTC tried to push through the $108K resistance, but got rejected hard and slid back down fast.
We briefly dipped below $104K, and support around $103K–$105K is being tested. If this zone fails, we could see a retest of $100K or even $95K.
Big factors:
Fed likely holding off on rate cuts next week
Risk-off sentiment globally
$700M+ in liquidations
Momentum slowing after last week's rally
I’m watching this support range closely — bounce potential is there, but bears are in control for now. Let's see how the weekend shapes up.