#OrderTypes101
As of June 5, 2025, Bitcoin (BTC) is trading at approximately $104,573, reflecting a 0.79% decline over the past 24 hours. Despite this dip, BTC has maintained a stable position above the $104,000 mark, indicating resilience amid market fluctuations .
Technical analysis suggests that Bitcoin is consolidating within a narrow range, with key resistance at $107,500. A breakout above this level could signal a potential rally towards new highs . Conversely, a drop below $99,645 may indicate a bearish trend .
Institutional interest remains strong, evidenced by recent ETF inflows totaling $87 million, highlighting sustained confidence in Bitcoin's long-term prospects .
Overall, while short-term volatility persists, Bitcoin's foundational strength and growing institutional adoption continue to support its position as a leading digital asset.