$BTC

As of June 6, 2025, Bitcoin (BTC) is trading at approximately $104,531 USD, reflecting a 2.04% increase over the past 24 hours.

📊 Market Analysis

Current Price: $104,531 USD

24h Change: +2.04%

Market Cap: $2.08 trillion USD

24h Trading Volume: $62.38 billion USD

Circulating Supply: 19.88 million BTC

Bitcoin has recently experienced a slight dip, attributed to profit-taking after reaching highs around $112,000. The price now hovers near the $100,000 support level, with resistance observed between $106,000 and $109,000.

🔍 Technical Outlook

Short-Term Trend: A V-shaped recovery has been noted, with BTC trading between the 25-day and 99-day moving averages, indicating a neutral to bullish phase.

Momentum Indicators: The Relative Strength Index (RSI) is rebounding from oversold conditions, suggesting potential short-term strength.

Resistance Levels: Immediate resistance is around $103,800, with a bullish target at $105,200.

Support Levels: Key support is identified at $100,372, with major support near $100,000.

📈 Price Predictions

Short-Term: Analysts anticipate potential sideways movement or quick breakouts, with eyes on the $105,200 level as a bullish target.

Mid-Term (2025): Predictions suggest BTC could reach between $83,000 and $160,000 by the end of 2025, driven by bullish sentiment post-halving.

Long-Term (2030): Some forecasts estimate BTC could attain prices between $250,000 and $500,000, as it solidifies its status as "digital gold."

📊 Market Sentiment

The Crypto Fear & Greed Index currently stands at 46, indicating a neutral sentiment among investors.

⚠️ Disclaimer

This information is for educational purposes only and does not constitute financial advice. Cryptocurrency markets are highly volatile, and prices can fluctuate rapidly. Always conduct your own research and consult with a financial advisor before making investment decisions.