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Bitcoin $BTC ($BTC ) is currently at a critical turning point. $BTC According to the chart, some important points are as follows:
Current Situation: The price of Bitcoin is currently trading around $95,114, with a slight decline of approximately 0.56% observed in the last 24 hours.
Technical Indicators: * RSI (6): The RSI is at 28.11, which is very close to the "Oversold" zone. This means that there is significant selling pressure in the market, and a Bounce Back can be expected from here.
EMA: The price is currently below the 7 and 25 EMA, which indicates a slight bearish trend in the short term.
Support and Resistance: * Downwards, $94,293 is an important support level from which the price has bounced back before.
Upwards, $95,871 is an immediate resistance zone.
Advice: Caution is needed in the market at this time. If BTC maintains its support, we could see a return towards $96,000 soon. Be sure to use a Stop Loss in your trade!
What do you think? Will Bitcoin go up from here or drop further? Let us know in the comments! 👇
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📈 Latest Situation of Bitcoin (BTC) — June 8, 2025

🔹 Price: $71,850
🔹 Change in 24 hours: +1.8% 📈
🔹 Market Cap: $1.41 Trillion
🔹 Trading Volume (24h): $22.6 Billion

💡 Important News: ▪️ Bitcoin tested the $72k resistance but is still in a stable consolidation phase.
▪️ Growing interest in the US ETF market has restored buyers' confidence.
▪️ Experts say that if the $72,500 level is crossed, the next target could be $75,000.

📊 On-Chain Update:
▪️ A large number of holders are securing their BTC holdings for the long term.
▪️ A slight increase in active addresses — indicating new entries into the market.

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