$BTC Bitcoin is currently trading around $105,500, showing a minor rebound after recent volatility. It saw a 1.15% gain on June 7th, supported by easing US recession fears and positive jobs data. Despite this, BTC-spot ETF outflows persist, indicating cautious investor sentiment. Technically, Bitcoin is navigating a consolidation phase, with key resistance at $111,917 and support at $100,000. Whale accumulation remains strong, suggesting long-term confidence from large holders. The market is closely watching Fed rate path, US-China trade developments, and ETF flow data for future direction.
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