$BTC Yesterday, on June 12, 2025, we experienced a strong drop in BTC and other trending cryptocurrencies such as ETH and BNB.
To provide context to all my subscribers, the reason has been due to a combination of macroeconomic factors starting with first (geopolitical tensions), second technical factors (consolidation and correction of a prior bullish movement), leading to a 'risk-off' sentiment among investors.
Moreover, we cannot overlook the slowdown in whale activity; there was a pause in the accumulation of BTC by 'whales' (large BTC holders) near the historical highs.
To conclude regarding what BTC will do in the coming hours on June 13, 2025; I have observed a clear bearish pressure in the short term, following a strong correction from the highs of 110k.
It is expected that, for the upcoming movements, it will depend on the price's ability to defend the support of 101,300k and whether it can recover the level of 106k.
Without further ado, I bid farewell to my dear readers; don't forget to subscribe and support me by giving a thumbs up, as it will motivate me to keep creating this content and sharing it with everyone. A strong hug. ♥️🌹
