🚀 Bitcoin Market Update – June 3, 2025#BinanceAlphaAlert
is trading around $106,000, showing resilience after recent volatility. Despite a pullback from its May 22 high of $112,000, BTC maintains strong support above $105,000. Analysts suggest a potential dip to $97,000 if support levels fail, but overall sentiment remains bullish .
Market predictions indicate a 69% probability of BTC $BTC reaching $110,000 this month, with some investors eyeing a surge to $120,000 . Notably, Bitcoin's realized profits have exceeded $500 million per hour recently, signaling significant profit-taking and potential short-term volatility .
Institutional interest remains strong. Michael Saylor's firm invested $75 million in BTC during a recent dip to $103,000 . Additionally, the ARK 21Shares Bitcoin ETF is set for a 3-for-1 share split on June 16, aiming to enhance accessibility for retail investors .
Prominent analyst Tom Lee has raised his year-end BTC target to $250,000, citing strong fundamentals and growing institutional adoption .#BinanceAlphaAlert
