$BTC
Today, June 8th, the Bitcoin (BTC) market is quite lively, but not without its drama! 😎 BTC price fluctuates around 105,476 USD, according to data from CoinGecko and LiteFinance, showing a slight increase of 1.39% in the past 24 hours. At one point, the price peaked at 111,868 USD back in May, but is currently in a correction phase, hovering around the 104,000 - 106,000 USD range.
Quick prediction:
According to technical analysis, BTC may retest the support level of 98,000 USD if it cannot hold the 104,000 USD mark. However, if it breaks the resistance at 109,000 USD, the possibility of soaring to 125,000 USD is not a dream! Institutional investors are still pouring money into Bitcoin ETF funds, with a net capital flow of about 5.13 billion USD since April, so the long-term trend remains positive.
Advice: Don’t FOMO, be careful with short-term volatility. If trading, remember to set stop-loss orders and calculate #cryptofee carefully, or the exchange will “scoop” all the profits! 😤 Those who HODL should remain calm; 2025 is still forecasted to be a breakthrough year for BTC, with prices potentially reaching 146,000 USD according to Gate.io.
#cryptofee #Bitcoin #BTC #cryptomarket