$BTC As of today, June 6, 2025, sentiment around Bitcoin (BTC) is neutral to slightly bearish.

Here’s what the indicators show:

* Fear & Greed Index: This popular indicator that measures market sentiment is currently reading 46 (Neutral). Yesterday it was 57 (Neutral) and last week it was 65 (Greed), indicating a slight decline in optimism.

* Price: Bitcoin is consolidating around $105,000. Although it has fluctuated in recent days, with highs above $106,000 and lows below $103,000, the price is relatively stable.

* News and Factors:

* Trump-Musk Conflict: The recent public spat between Donald Trump and Elon Musk, which included criticism of a bill and threats to government contracts, has contributed to a more cautious mood in the market, with some analysts indicating that Bitcoin could head towards $100,000.

* ETF Outflows: There are reports of outflows from Bitcoin ETFs, which may indicate reduced demand from institutional investors.

* Reduced Demand from Retail Investors: We are seeing a weakening demand from retail investors.

* Technical Analysis: Some technical indicators indicate that Bitcoin has tested support levels and may have the potential to decline.

Overall, while Bitcoin is holding steady around $105,000, the prevailing mood is cautious, influenced by macroeconomic factors, political events, and market signals that point to a consolidation phase.👈