📰 Bitcoin Surpasses $105,000: Recovery in Sight or False Hope? 🚀
📅 June 2, 2025
After a volatile week, Bitcoin (BTC) has pushed back above the critical $105,000 level, sparking debate about whether this signals a true recovery or just a temporary bounce.
📊 Key Data:
- BTC Price: $105,366 (↑ 1%)
- Ethereum (ETH): $2,506 (↓ 0.1%)
- Global Crypto Market Cap: $3.29T (↑ 0.9%)
- Bitcoin Dominance: 63.7%
🔍 Market Analysis:
📈 Institutional demand continues to provide strong support near $103K.
🧠 Traders are closely watching the $106,800 resistance — a break above could open the way to $108,000+.
🌍 All eyes are on the upcoming comments from Fed Chair Jerome Powell, which may shift investor sentiment.
💬 Your Take?
Is Bitcoin on the verge of a new rally?
Or is this just another bull trap before more downside?
👇 Drop your thoughts in the comments!
