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Bitcoin Price Outlook for June 1–2, 2025: Key Levels and Market Trends
As of May 31, 2025, Bitcoin (BTC) is trading around $103,000, with a neutral Fear and Greed Index at 50, reflecting balanced market sentiment. Over the next two days (June 1–2, 2025), the crypto market may experience range-bound movement with a slight bullish tilt, provided BTC holds above the $100,000 support level. Technical indicators show BTC trading between the +0.5σ ($100.2K) and +1σ ($119.4K) MVRV Ratio bands, a zone that often precedes local tops. If BTC maintains support and breaks minor resistance at $104,000–$105,000, it could target $108,000. However, macroeconomic factors, such as US-China trade tensions or a strengthening US dollar, may trigger profit-taking, potentially pushing BTC toward $100,000 or lower. Posts on X suggest miner accumulation and reduced selling, hinting at a possible supply squeeze. Altcoins may follow BTC’s lead, with Ethereum potentially testing $2,800 if bullish momentum persists. Volatility remains high, and unexpected news could sway prices. Always conduct your own research, as crypto markets are unpredictable, and this is not financial advice.
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