Bitcoin (BTC) Update – 8 June 2025
• Current Price: $105,600, trading tightly around $105K
• Institutional inflows of $380M into BTC ETFs this week
• Technicals mixed: oversold short-term, bearish MACD, neutral mid-range
• Short squeeze setup brewing — a quick breakout could wipe $15B in shorts
• Monitor: If BTC breaks above $106K, next target is $110K+; downside risk is support at $104K
🔍 Stay alert
