#TradingMistakes101 BTC is trading near $105,642, bouncing off strong support at $105k–106k. Technicals and market tone suggest consolidation—if BTC holds above $105k and US macro data prompts rate‑cut speculation, a rally toward $108k–112k is likely. Analysts forecast June could bring $120k–125k if bulls capitalize on momentum . Institutional flows, ETF demand, and on‑chain accumulation reinforce the bullish bias . However, failure below $104k may risk a dip toward $100k. Overall, cautiously bullish for today.