#PI [Technical Analysis]
Bitcoin (BTC) struggles below the resistance level of 105K dollars – June 6, 2025
As of June 6, 2025, the price of the Bitcoin (BTC) is between $101,662, down about 24% in the last 3 hours. From a technical point of view, BTC is still in a consolidation phase after failing to break through the strong resistance level in the $105,000 area. The RSI indicator on the 4-hour timeframe shows a value of around 54, reflecting a neutral momentum with no buyers or sellers dominating. Price is currently above the MA50 but below the MA20, which is key to a potential breakout. If