$BTC š Price Action & Technical Levels
Bitcoin recently hovered around $105,800, slightly off its late-May all-time highs near $111,900ā$112,000 .
Technical analysts highlight key support around $103Kā$105K; a decisive break below could risk a dip to the $97Kā$100K zone .
Short-term signals: bearish pressure on lower timeframes, but broader trend remains bullish if support holds .
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š Analyst Opinions
Bullish sentiment escalates: Cathie Wood anticipates a climb to $1.5āÆM by 2030; Tom Lee expects ~$150K by year-end .
Tom Lee & Brett Knoblauch foresee continued strength through 2025ā2026, supported by institutional inflows, though anticipate a potential dip in 2026 .
Robert Kiyosaki positions BTC as a "safe haven" amid geopolitical strife .
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š¦ Institutional & Macro Drivers
Massive institutional adoption: spot ETF momentum (~$5āÆbillion inflows in May) and national-level support (US Strategic Bitcoin Reserve executive order in March 2025) .
US mining hash rate remains historically high (~900āÆEH/s) after pro-crypto policy rollout .
Federal Reserve and economic data (CPI, unemployment, FOMC dates) remain key volatility catalysts .
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š Short-Term Outlook
June is poised for consolidation in the $103Kā$112K band .
Some models predict extension to $118Kā$120K by late June/early July; others warn of pullbacks to $90Kā$95K before resuming bullish trend .
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š ļø Summary Table
Timeframe Scenario Levels
Bullish Risk-on macro & strong institutional flows ⤠$112K ā $115Kā$118K
Neutral Range-bound, Fed/data-driven ⤠$103Kā$112K
Bearish Macro-shock or failed support ⤠$97K ā $90K
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ā Bottom Line
Bitcoin remains on a bullish longer-term trajectory, with strong institutional and macro fundamentals underpinning it. But in the short term, expect volatile gyrations between $103Kā$112K, especially around economic data releases. Bulls likely control the narrativeāunless macro conditions shift significantly.