$BTC

Bitcoin stabilizes above $106,000 with positive expectations for a rise

Bitcoin (BTC) has stabilized above the $106,000 level in early June 2025, with strong support at $105,400 and resistance at $106,100, according to TradingView data. This comes with a request for the launch of a Bitcoin exchange-traded fund (ETF) from a fintech company, which could enhance liquidity and institutional acceptance of the currency.

On the technical analysis front, the Relative Strength Index (RSI) shows moderation between buying and selling pressures, and trading volume is stable, supporting the likelihood of a continued price recovery. Some estimates predict a price increase to $125,000 during the month, supported by the possibility of a reduction in U.S. interest rates.