$BTC 📊 #CryptoSecurity101: $BTC Today (June 6, 2025)
🔻 Price Action: Bitcoin trades around $104,042, down ~1.3% intraday, with a range of $100,781–$105,888 .
📰 Market Mood: BTC recently dipped below $101K, weighed by macro uncertainty and the high-profile Trump–Musk clash . Ethereum also pulled back ~6% .
🛠️ Technical Notes: Bulls are defending the $103–105K support zone. However, breaking below its upward channel could lead to more selling . Transaction activity spiked earlier this month, hinting at profit-taking from whales .
🌐 What’s Next:
U.S. job data and potential Fed signals might propel BTC toward $120K or higher by year-end .
Analysts highlight ongoing consolidation with eyes on resistance ~$108–112K; a breakout may reignite the rally .