$BTC $BTC

How much can the price of Bitcoin rise today?

As of June 6, 2025, Bitcoin (BTC) is trading at approximately $105,052, reflecting a modest increase of about 0.51% for the day.

📈 Short-term outlook

Bitcoin has shown resilience above the critical support level of $100,000, with recent price signals indicating the potential for an upward movement. Analysts suggest that if Bitcoin can break through resistance levels at $104,800 and $107,000, it may target the $120,000 level in the near term.

Technical indicators such as the Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD) indicate signs of bullish momentum, supporting the possibility of further gains.

⚠️ Potential risks

Despite the optimistic outlook, there are warning signs. Some analysts caution that if Bitcoin fails to maintain its position above $102,000, it could face a decline towards the $96,000 level.

🔮 Conclusion

While the price of Bitcoin is currently stable and showing signs of potential growth, market volatility remains an important factor. Investors should closely monitor key resistance and support levels, as well as stay informed about broader market trends and economic indicators that may impact Bitcoin's price movement.