Current Price: $105,585
24h Change: +0.26%
Intraday High: $106,809
Intraday Low: $104,982
Bitcoin is currently consolidating below the $106,000 resistance level, with immediate support around $104,200. Technical indicators suggest a neutral to slightly bearish bias unless a breakout occurs above $1
06,500 .
š® Price Predictions
Today ā June 4, 2025
Resistance: $106,000ā$106,500
Support: $104,200
Outlook: Neutral to bearish unless a breakout above $106,500 occurs .
Tomorrow ā June 5, 2025
Projected Price: Approximately $105,619
Expected Range: $104,000ā$107,000
Market Sentiment: Cautiously optimistic, with a 69% probability of reaching $110,000 in June .
š Key Levels to Watch
Major Resistance: $112,000
Critical Support: $100,000
Consolidation Range: $97,000ā$112,000
š§ Analyst Insights
Analysts suggest that Bitcoin's price movement is currently influenced by institutional accumulation and macroeconomic factors. While short-term indicators show caution, the longer-term outlook remains positive, with potential for growth if key resistance levels are breached.
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