📈 Bitcoin (BTC) Market Update:-
As of June 7, 2025, Bitcoin (BTC) is trading at approximately $105,212 USD, reflecting a 1.13% increase over the previous day. The cryptocurrency reached an intraday high of $105,266 and a low of $103,883. Despite recent fluctuations, Bitcoin maintains a strong market capitalization, reflecting continued investor interest.
Technical indicators suggest a cautiously bullish sentiment:
Relative Strength Index (RSI): Stands at 55, indicating neither overbought nor oversold conditions.
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Moving Average Convergence Divergence (MACD): Shows a bullish crossover on the daily chart, suggesting potential upward momentum.
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Analysts suggest that if Bitcoin holds above the $104,800 support level, it could rally toward $107,000, with longer-term targets above $120,000.
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