$BTC

Bitcoin Market Update – June 9, 2025

Bitcoin is trading around $105,800, showing slight gains on the day. It remains in a tight range between $105K and $106K, with strong resistance near $106.2K. Weekly technical patterns suggest a bullish trend, supported by a recent “golden cross” formation—historically followed by significant rallies.

Traders are watching for a breakout above $108K or a dip below $105K to signal the next move. On the fundamentals side, institutional interest remains strong, with steady ETF inflows and corporate buying.

Investors are now focused on upcoming U.S. inflation data and Federal Reserve updates, which could influence short-term price action. For now, Bitcoin remains stable and technically strong.