$BTC

📉 Bitcoin Under Pressure: Bearish Signals Intensify

June 2025

Bitcoin is experiencing increasing selling pressure after failing to break through the resistance of $112,000, amid the formation of clear bearish technical signals. The prominent pattern is the "double top" that has appeared on the daily timeframe, which warns of a potential trend reversal if the previous level is not strongly breached.

Momentum indicators like RSI and MACD show negative divergence, reflecting a decline in buying strength despite rising prices. Additionally, the price is now below the 50-day moving average and is approaching a "Death Cross" with the 200-day average, which supports the negative outlook in the short term.

Additional patterns such as the bearish pennant and rising wedge reinforce the bearish scenario. Furthermore, whales and institutions have begun to reduce their positions, as supported by on-chain data and a decline in the MVRV index.

In terms of potential scenarios:

Breaking below $100,000 may open the door for a deeper drop towards $95,800 then $94,000 and possibly $90,000.

A rebound above $109–112K may lead to a temporary sideways movement, but without strong indications of a resumption of the upward trend.

The macro environment is also applying pressure, through global tightening of monetary policies and increased geopolitical tensions.

🔹 Suggested Strategy

For traders: Watch for a break below $104K, stop-loss above $106K, and targets of $97–94K.

For investors: Monitor the $100–94K areas for accumulation, provided there are clear support signals.