🔥$BTC Bitcoin Market Update

💥Current Price

🔹️Bitcoin's current price is $103,137.04, with a 1.23% decrease from the previous day's price. According to recent data, the current price is $103,131.80, with a -1.21% change.

💥Market Trends

🔹️Resistance Levels:

Key resistance levels are at $99,000, $100,000, and $102,500, which could potentially block the rise in price.

🔸️Support Levels:

Strong support levels are at $91,700 and $82,800, which could serve as accumulation zones in case of a correction.

🔹️Institutional Interest:

Whales and institutional investors continue to accumulate Bitcoin, contributing to its momentum.

💥Price Predictions for June 2025

🔹️WalletInvestor:

Predicts a price of around $65,000 by June 2025, based on potential adoption and technological advancements.

🔸️DigitalCoinPrice:

Estimates a price of $85,000, driven by anticipated market growth and increasing interest from institutional investors.

🔹️CoinPriceForecast:

Moderately optimistic, suggesting a price of $78,000 by mid-2025, due to regulatory developments and enhanced market infrastructure.

🔸️TradingBeasts:

Forecasts a conservative price of $60,000, considering potential market corrections and global economic factors.

💥Key Events to Watch

🔹️US Unemployment Rate:

June 6, which could signal the strength of the economy and affect Fed expectations.

🔸️US Inflation Data:

June 11, a key input for rate outlook that may impact Bitcoin volatility.

🔹️Fed FOMC Meeting:

June 18, which could influence the crypto market significantly.