Bitcoin Price Analysis (May 31, 2025) – BTC/USDT Breaks Support at $106K, Testing $104K Zone

BTC/USDT shows a significant decline with a dominant bearish candle, breaking through important support at the $106,000 level. Currently, the price is around $104,105, indicating high selling pressure as we approach the beginning of June. Trading volume has increased, supporting the bearish momentum. If this pressure continues, BTC is likely to test the next support area at $103,000.

📉 Trend: Bearish

📊 Volume: Increasing

🕐 Time: May 31, 2025

💡 Potential next support: $103K

🔍 Nearest resistance: $106K

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