๐ Bitcoin Market Check โ June 6, 2025
$BTC is currently hovering around $103.5K, down ~1.1% after dipping to an intraday low of $100.7K.
The market is reacting to:
๐จ ETF outflows of $278M
๐ Tensions linked to Trump & Musk
๐ Broader risk-off sentiment in crypto
๐งญ Key Levels:
๐ป Support: $98,000 (watch this zone)
๐ผ Resistance: $107,200 - a breakout here could flip the trend
๐ Bullish breakout target: $111,500
๐ Breakdown risk: Drop toward $96K if $98K fails
๐ RSI shows oversold signals, so a short-term bounce is possible but volatility is high โ ๏ธ
๐ฌ Are you buying the dip, waiting for confirmation, or shorting the trend?
