$BTC As of June 10, 2025, Bitcoin (BTC) is trading at approximately $109,599 USD, reflecting a 3.11% increase from the previous close.
The price has fluctuated between $105,426 and $109,599 today.
Recent market activity indicates that Bitcoin is approaching a significant resistance level near $106,000, with bullish momentum building as traders anticipate a potential breakout. However, some caution is advised, as momentum indicators like the RSI and MACD suggest that the current uptrend may be losing strength without a substantial increase in trading volume.
Additionally, there's potential for a $15 billion short squeeze if Bitcoin's price increases by just 10%, which could lead to significant market volatility.
Overall, while the short-term outlook for Bitcoin appears bullish, investors should remain vigilant and consider the possibility of increased volatility in the coming days.