Bitcoin Price Prediction for June 14: Outlook Remains Cautious

According to CoinStats, most cryptocurrency prices are experiencing a dip this weekend. Bitcoin (BTC) is down by 0.11% over the past 24 hours, with its price currently hovering near the local support of $104,834 on the hourly chart. Analysts suggest that if there’s no rebound before the end of the day, a breakout may lead to testing the $104,000 area. However, bulls have failed to sustain the recent rally following the bullish bar closure. Bitcoin is currently trading at $105,056.