Bitcoin (BTC) prize has experienced an increased resistance in recent days around $ 108k in the middle of the de-escalation of the crisis in the Middle East. The flagship Munt fell slightly to act at around $ 107,472 on Thursday 26 June during the Mid-Noord-American session.
After recording an impressive comeback, after the 90-day break about most mutual rates in April, BTC prize forms a potential reversing pattern. The Bearish sentiment for BTC price was created in the midst of the growing demand of institutional investors, led by strategy and metaplanet.
Important factors that weigh on the medium bullish sentiment for Bitcoin price
Technical headwind
In the daily period of time frame, the BTC price has formed a falling trend after a bearish breakout of an emerging wedge formed in the end of May 2025. The MidTerm bearish sentiment for BTC prize is reinforced by the falling daily relative strength (RSI) with the MACD line that under the Nero line.
From the point of view of technical analysis, the BTC price is well positioned to re-test the support level again in the coming weeks above $ 92k. The ultimate support level for BTC price was set above $ 76k earlier this year.
High cumulative short liquidation -leprobe operation
Bitcoin -Price Facies Intensified Bearish sentiment fed by cumulative short liquidation -leverage of around $ 12 billion around $ 112k. It is ideal to say that more institutional investors try to suppress the BTC price via the futures and livered markets to acquire as many coins as possible before the long-awaited parabolic rally. Earned, data on chains, data on chains, it appears that institutional investors have aggressively more BTC through lifting farm markets accumulated by Equity markets. According to market data of Bitcointreasuries251 entities have more than 3.47 million BTCs in their respective treasury.