$BTC 📊 Bitcoin (BTC) Market Update – June 1, 2025
Bitcoin is currently trading at $104,155, reflecting a slight pullback from its recent all-time high of $111,332 (May 23, 2025). This correction is largely driven by short-term profit-taking, with traders realizing over $11.6 billion in gains.
🔍 Key Highlights:
📉 Minor decline due to profit booking.
📈 Long-term outlook remains bullish with predictions of $180K–$250K peak by year-end (VanEck, Fundstrat, Standard Chartered).
📊 Technicals show a bullish Golden Cross (20-day EMA > 50-day EMA).
⚠️ Watch for short-term reversal signals amid market consolidation.
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