Bitcoin is trading around $106,368 today, June 9, 2025, showing modest intraday gains of about 0.01% after rebounding from a brief dip near $105,000, a key support zone. Market sentiment remains cautiously bullish, with technical indicators highlighting a tight range between $105,000 and $106,900, suggesting a period of consolidation before a potential breakout. Volatility has increased by approximately 20%, driven by large liquidations and erratic trading behavior. Investors are closely watching upcoming U.S. economic data, particularly job reports and inflation metrics, which could significantly influence Bitcoin’s next move. Overall, Bitcoin appears to be in a holding pattern—stable above support but awaiting stronger macroeconomic signals to determine its next directional push, either upward or downward.
