$BTC BTC: Technical analysis for June 13, 2025
- Price: ~$104,864 (-2.15%)
- Moving Averages: 50-day SMA at $108,158, EMA – $107,530 (both above the current price, indicating a bearish trend)
- RSI (14): 27.92 – oversold zone, potential bounce
- MACD: -967.47, bearish momentum is strengthening
- Fibonacci: Key levels:
- 23.6% – $104,789
- 38.2% – $105,678
- 50% – $106,411
- 61.8% – $107,144
- Bollinger: Price at the lower boundary, potential bounce
- ATR: High volatility
- VWAP: $105,432, above current price, bearish sentiment
- Elliott: Third wave of bearish momentum, potential further decline
Conclusion: $BTC remains under pressure, but the oversold zone and Fibonacci levels may lead to a short-term bounce.