$BTC 📊 Bitcoin Market Analysis – June 6, 2025

Bitcoin (BTC) is currently navigating a critical phase as it consolidates just above the $104,000 mark. After a strong rally that pushed prices beyond $110K, the market has entered a cooling-off period. This pullback is largely driven by profit-taking and increased caution from traders amid global economic uncertainty.

Despite the recent dip, Bitcoin remains structurally bullish on higher timeframes. Key support lies near $100,000 — a psychological level that bulls are working hard to defend. If this level holds, a rebound toward the $108K–$110K resistance zone could be on the cards. Breaking above this resistance would signal renewed momentum and may open the door to new all-time highs.

On the flip side, if BTC loses the $100K support, the next downside targets could be around $96K and $92K. Volume remains relatively muted, suggesting traders are waiting for a decisive move before positioning heavily.

Market sentiment is neutral to slightly bullish, with many investors treating this pullback as a healthy correction within a broader uptrend. As always, caution and proper risk management are essential. Keep an eye on key technical levels and macro developments as the next move could set the tone for the rest of June.