Bitcoin is trading in early June 2025 around the level of $105–$106 thousand, with a noticeable rise from the level of $102 thousand in the previous days. It has seen a strong institutional buying wave, driven by ongoing purchases from 'Strategy Inc.' for its ninth week. Technically, there is nearby resistance at ~ $106 thousand, and support at ~ $105–$105.4 thousand.
Over the past 30 days, the price has risen by about 11%, but the relative calm of the market indicates a healthy correction after a jump from a new high of $111.97 thousand on May 22. Technical experts see signals for a potential upward movement towards $107–$108 thousand, but also warn of short-term selling pressure around the technical neckline. Overall, the price is moving within a moderate range with continued institutional liquidity supporting the upward trend in the medium term.