🔥As of June 6, 2025, Bitcoin (BTC) is trading around $103,000 to $106,000, showing some recent correction after a rally that pushed it above $110,000 earlier this year.🔥
$BTC The price is stabilizing near $106,000 following a near 3% decline this week, attributed mainly to profit-taking by holders hitting a three-month high. Despite this pullback, institutional demand remains strong, supported by rising ETF inflows and increasing regulatory clarity, which have fueled Bitcoin’s rally to record highs above $111,000 in recent weeks.
Key points:
$BTC Current price approximately $103,000 to $106,000, with day lows near $100,783 and highs around $105,888.
Market cap exceeds $2 trillion, reflecting strong bullish momentum.
Institutional interest and ETF inflows are significant drivers behind recent price strength.
Bitcoin has held above $100,000 for over 25 days, indicating potential bullish revival.
Analysts predict possible further upside, with some forecasting targets between $150,000 and $600,000 later this year.
Overall, Bitcoin is consolidating after recent gains but remains in a strong position supported by institutional buying and favorable market dynamics.