$BTC is trading at around $104,410 as of June 2, 2025, after peaking at $112,000 in May. Market sentiment is neutral to bullish, with the Fear & Greed Index at 50–56. Price forecasts for June range from $110,000 to $120,000, with some long-term projections suggesting up to $1 million by 2030–2040. Institutional interest and supportive regulations, including a proposed U.S. Bitcoin reserve, bolster optimism. $BTC is forming a descending triangle pattern, with key resistance at $112,000 and support at $100,000. Technical indicators are mixed, suggesting short-term volatility but strong long-term potential, driven by halving effects, ETF inflows, and increasing global adoption.

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