$BTC Bitcoin is currently hovering around $105 600, showing minimal intraday movement. It has encountered resistance near the $105 000–106 000 range, struggling to break higher . Short-term momentum appears to be slowing, with consolidation likely before any sustained rally .

Macro factors—like June inflation data, the Fed’s June 18 meeting, and global tariff uncertainty—are contributing to BTC’s cautious posture . Still, institutional demand remains solid: ETF inflows, whale accumulation, and major investors like family offices and corporates are actively buying . On‑chain metrics and analyst outlooks suggest a bullish medium‑term trend, though a pullback toward $100 000 is possible. Overall, expect continued range-trading early June, with upside potential if BTC breaks past resistance via renewed institutional flows.