As of June 16, 2025, the price of Bitcoin (BTC) is approximately $105,000, with a 24-hour fluctuation of about -1.11%, indicating a slight market pullback in the short term. According to CoinMarketCap data, the market cap of BTC is about $2.1 trillion, holding a dominant 63.95% of the cryptocurrency market. Recently affected by geopolitical tensions in the Middle East, the price of BTC dropped to $103,000 but quickly rebounded to $105,000, demonstrating market resilience. Technical analysis shows that BTC has broken through the bottom of the ascending trend channel, and the RSI shows negative divergence, suggesting further downside risk in the short term, but the long-term trend remains bullish. After the halving in April 2024, the block reward will decrease to 3.125 BTC, and supply scarcity supports the price. Institutional investment continues to flow in, such as Trump Media receiving SEC approval to allocate $230 million for BTC investment. Market sentiment is optimistic, but caution is needed against large holders' sell-offs and fluctuations arising from regulatory changes. Investors should pay attention to key support at $100,000 and resistance at $106,000.