Bitcoin is trading in early June 2025 around the level of $105,000–$106,000, with a notable rise from the level of $102,000 in the previous days. It has witnessed a wave of strong institutional buying, driven by ongoing purchases from 'Strategy Inc.' for its ninth week. Technically, there is resistance close to ~106,000, and support at ~105,000–105,400.
Over the past 30 days, the price has risen by about 11%, but the relative calm in the market suggests a healthy correction after a jump from a new all-time high of $111,970 on May 22. Technical experts see signals for a potential upward movement towards $107,000–$108,000, but they also warn of short-term selling pressure around the technical neckline. Overall, the price is moving within a moderate range with ongoing institutional liquidity supporting the upward trend in the medium term.