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Bitcoin ($BTC) Crypto Forecast: Down 5.3% Today

Morpher AI identified a bearish signal. The crypto price may continue to fall based on the momentum of the negative news.

What is Bitcoin?

The leading cryptocurrency, BTC, experienced a significant bearish movement in the market today.

Why is Bitcoin going down?

BTC crypto is down 5.3% on Jun 13, 2025 1:11

  • Long position liquidations in Bitcoin, Ethereum, and Dogecoin led to the bearish trend, with losses accelerating and indicating a wave of selling pressure in the crypto market.
  • Major cryptocurrencies like Bitcoin and Ethereum faced challenges amid geopolitical tensions, further contributing to the decline in the global crypto market cap.
  • Skepticism around GameStop's Bitcoin strategy and the potential impact of Bitcoin ETFs offering simpler exposure for investors may have prompted market participants to move away from riskier assets like cryptocurrencies, influencing the bearish movement in BTC.

BTC Price Chart

BTC Technical Analysis

BTC News

Crypto Longs Get Rekt as Bitcoin, Ethereum and Dogecoin Dive

Long position liquidations are rapidly piling up as Bitcoin, Ethereum, Dogecoin, and Solana losses accelerate Thursday.

https://decrypt.co/324931/crypto-longs-get-rekt-bitcoin-ethereum-dogecoin-dive

0 News Article Image Crypto Longs Get Rekt as Bitcoin, Ethereum and Dogecoin Dive

Shift to digital asset technology won't be 'slow' - Franklin Templeton CEO

In the world of traditional finance, sentiment has been shifting toward digital assets, with BlackRock, JPMorgan and Franklin Templeton making moves.

https://cointelegraph.com/news/franklin-templeton-ceo-digital-asset-shift

1 News Article Image Shift to digital asset technology won't be 'slow' - Franklin Templeton CEO

Bitcoin, Ethereum, XRP, Dogecoin Continue To Struggle As Geopolitical Tensions Rise

The global crypto market cap has declined 1.95%, now sitting at $3.4 trillion. Traders offer mixed views: one outlines a simple strategy for navigating volatility, while another sees a potential bounce for Bitcoin. Historic Summer Setup: 3 "Power Patterns" Triggering in the next 75 Days - Get ...

https://www.benzinga.com/crypto/cryptocurrency/25/06/45913575/bitcoin-ethereum-xrp-dogecoin-continue-to-struggle-as-geopolitical-tensions-rise

2 News Article Image Bitcoin, Ethereum, XRP, Dogecoin Continue To Struggle As Geopolitical Tensions Rise

Myriad Moves: Will Strategy Boost Its Bitcoin Buys?

This week's top Myriad markets include predictions on Fartcoin, Strategy's Bitcoin treasury plans, and FIFA Club World Cup.

https://decrypt.co/324902/myriad-moves-strategy-boost-bitcoin-buys-fartcoin-fifa

3 News Article Image Myriad Moves: Will Strategy Boost Its Bitcoin Buys?

GameStop's Bitcoin Strategy Draws Skepticism Amid $1.75B Debt Offering - GameStop ( NYSE:GME )

Bitcoin ETFs offer simpler exposure for investors, undermining the appeal of firms raising funds to buy crypto. Without a plan to revive revenue, analysts warn GameStop risks distracting investors from worsening fundamentals. Historic Summer Setup: 3 "Power Patterns" Triggering in the next 75 ...

https://www.benzinga.com/crypto/cryptocurrency/25/06/45912870/gamestops-bitcoin-strategy-draws-skepticism-amid-1-75b-debt-offering

4 News Article Image GameStop's Bitcoin Strategy Draws Skepticism Amid $1.75B Debt Offering - GameStop  ( NYSE:GME )

Bitcoin Price History

13.05.2025 - BTC Crypto was down 5.3%

  • Long position liquidations in Bitcoin, Ethereum, and Dogecoin led to the bearish trend, with losses accelerating and indicating a wave of selling pressure in the crypto market.
  • Major cryptocurrencies like Bitcoin and Ethereum faced challenges amid geopolitical tensions, further contributing to the decline in the global crypto market cap.
  • Skepticism around GameStop's Bitcoin strategy and the potential impact of Bitcoin ETFs offering simpler exposure for investors may have prompted market participants to move away from riskier assets like cryptocurrencies, influencing the bearish movement in BTC.

09.04.2025 - BTC Crypto was up 5.8%

  • Strategic Bitcoin reserve legislation in two US states possibly boosted confidence in BTC's long-term value and utility.
  • Speculation and positive sentiment surrounding BTC potentially hitting $100,000 and sparking a bull run likely attracted more investors to the market.
  • Worries over a potential correction as the stock market recovery halts could have prompted some short-term profit-taking in BTC.
  • Insights suggesting Trump's trade decisions could have a positive impact on Bitcoin possibly contributed to the overall bullish sentiment and price increase.

09.04.2025 - BTC Crypto was up 5.1%

  • The bullish movement in Bitcoin today can be attributed to a combination of factors:
  • A short squeeze in Bitcoin and Ethereum markets led to nearly $1 billion in liquidations, causing a surge in prices.
  • Growing institutional interest in Bitcoin, driven by regulatory clarity, has also contributed to the upward momentum.
  • Despite significant losses in 2025, Bitcoin miners MARA and CleanSpark's soaring Q1 revenues may have instilled confidence in the market.
  • The increase in Bitcoin holdings by whales, coupled with retail selling off and surging ETF inflows, indicates a shift in market dynamics favoring bullish sentiment.

08.04.2025 - BTC Crypto was up 6.2%

  • The bullish movement of Bitcoin today is linked to Michael Saylor's optimistic forecast of a $200 trillion market cap for Bitcoin, inspiring sovereign funds to invest in the digital asset.
  • The recent endorsement by the OCC for banks to engage in crypto trading for clients likely influenced the positive trend, revealing broader acceptance and credibility of cryptocurrencies.
  • While news of Celsius Founder Alex Mashinsky's legal troubles could have introduced uncertainty, the market maintained its bullish trajectory.
  • Additionally, a Trump crypto advisor launching the Nakamoto Bitcoin investment firm with a fundraising of $300 million showcases the growing enthusiasm and capital influx in the cryptocurrency sector.

09.04.2025 - BTC Crypto was up 5.1%

  • Bitcoin's price surged recently due to several reasons:
  • BTC nearing the $100K mark created a bullish sentiment among investors, driving up demand.
  • Positive developments on trade deal optimism potentially boosted overall market confidence, leading to increased investment in cryptocurrencies like Bitcoin.
  • The announcement of two US states enacting strategic Bitcoin reserve legislation likely added legitimacy to Bitcoin as a long-term investment asset.
  • The record Q1 2025 earnings released by Bitcoin mining giants indicate a strong fundamental outlook for the cryptocurrency, further supporting the bullish price movement.
  • Speculation by Twenty One Capital on Bitcoin becoming a mainstream Wall Street asset could attract institutional investors and potentially drive prices higher in the future.

08.04.2025 - BTC Crypto was up 5.3%

  • Bitcoin is on the verge of breaking its all-time high, with only a 7.44% increase needed, creating excitement and optimism among investors.
  • The announcement of a US-UK trade deal by a prominent individual has boosted Bitcoin's price, leading to a reclaim of $100,000 and signaling positive market sentiment.
  • The possibility of Texas creating an official Bitcoin reserve has added to the bullish momentum, showcasing institutional interest in the cryptocurrency.
  • Overall, the surge in Bitcoin's price can be attributed to a combination of nearing all-time highs, positive market developments, and growing institutional adoption, driving demand and pushing the price higher.

08.04.2025 - BTC Crypto was up 5.7%

  • Bitcoin (BTC) experienced a significant upward movement today, reaching new highs.
  • The introduction of JA Mining's Bitcoin mining entry program with a $100 bonus under FCA supervision likely boosted interest and demand for Bitcoin.
  • Institutional involvement in the market also played a role in the positive momentum.
  • Speculation surrounding Bitcoin's price potentially hitting $450,000 may have contributed to the bullish sentiment, driving up investor optimism and buying activity.

08.04.2025 - BTC Crypto was up 5.4%

  • Accumulation of a significant amount of BTC by Bitcoin whales and sharks in a short period points to a robust institutional interest and confidence in the cryptocurrency.
  • Expectations of Bitcoin breaking out of a bearish market structure and achieving new multi-month highs have likely boosted investor optimism and buying pressure.
  • Positive factors like the surging gains in major cryptocurrencies and the implementation of crypto-friendly regulations in states such as Arizona have played a role in the overall bullish sentiment in the market.
  • The nearing possibility of Bitcoin surpassing its all-time high has generated excitement and FOMO (fear of missing out) among investors, leading to increased demand for the cryptocurrency.

08.04.2025 - BTC Crypto was up 6.6%

  • Bitcoin's price surge to $450,000 is driven by increasing institutional adoption and mainstream acceptance, leading to a bullish sentiment among investors.
  • Democrats supporting Trump's crypto plan may have added to the positive market sentiment, indicating potential bipartisan consensus on cryptocurrency regulation.
  • The resumption of operations by Genius Group could have boosted overall market confidence, indirectly benefiting Bitcoin's price movement.
  • Coinbase's acquisition of Deribit showcases the growing importance of derivatives in the crypto market, potentially attracting more investors to Bitcoin and driving up its price further.

08.04.2025 - BTC Crypto was up 5.8%

  • An acquisition within the crypto industry suggests a growing focus on derivatives, which could enhance investor confidence in BTC.
  • Speculation on Bitcoin options and the potential for price increases may have drawn more investors to BTC, contributing to its recent bullish performance.
  • Recent announcements regarding U.S. Bitcoin reserves potentially influenced market sentiment, fueling interest in BTC and driving up its price.

08.04.2025 - BTC Crypto was up 5.4%

  • A notable figure in the crypto space raising $300,000,000 for a new Bitcoin investment firm may have boosted confidence in the cryptocurrency, attracting more investors.
  • The recent surge in Bitcoin's price, indicating an upward trend, possibly triggered FOMO (fear of missing out) among traders, leading to increased buying pressure.
  • The milestone of Bitcoin's market capitalization reaching $890B and the speculation of hitting $100K could have instilled optimism and bullish predictions among investors.
  • The introduction of a Bitcoin-collateralized stablecoin by Alpen Labs might have contributed to enhancing the ecosystem around Bitcoin, offering more utility and stability to the market.

08.04.2025 - BTC Crypto was up 5.4%

  • Bitcoin's realized cap reaching $890B indicates significant investor confidence and a belief in its enduring value, potentially setting the stage for a price surge towards $100K.
  • The introduction of a Bitcoin-collateralized stablecoin by Alpen Labs has the potential to bolster the practicality and liquidity of Bitcoin in the market, attracting a broader investor base.
  • The rise in popularity of meme coins such as Dogecoin, Pepe, Fartcoin, and Trump Solana Token may have indirectly contributed to the increased interest in Bitcoin, amidst growing speculation in the cryptocurrency space.
  • Recent developments like the easing of tariff discussions and a focus on AI technologies and altseason could have shifted investor focus to Bitcoin as a secure asset and a potential hedge against market uncertainties.
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Disclaimer
Morpher is not liable for the content of the AI investment insights. Like most GPT-powered tools, these summaries may contain AI hallucinations and inaccurate information. Morpher is not presenting you with any investment advice. All investments involve risk, and the past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. These summaries do not constitute investment advice.