$BTC

Bitcoin is currently consolidating around the $102,000 - $105,000 range after a significant bullish run. Recent volatility has seen dips below $103,000, influenced by profit-taking and broader macroeconomic factors, including anticipation around the US jobs report and its potential impact on Federal Reserve rate policies.

While some analysts are eyeing a potential retest of the $99,000 support level, others remain bullish, forecasting a climb towards $120,000-$125,000 in June if institutional inflows strengthen and favorable economic conditions prevail. Institutional interest in Bitcoin ETFs has seen some cooling in Q1 but corporate holdings continue to rise.