$BTC Currently trades around 110,000 USD, showing a gain of ~4% today.
Over the last year, BTC has risen approximately 58%, following a sustained upward trend.
However, in recent weeks there has been a healthy correction: from a peak of ~111,880 USD, it fell about 7% to around ~104,000 USD, attributed to technical adjustments and macroeconomic volatility.
🔍 Short-term outlook
From a technical analysis perspective, there are key resistance levels at ~112,000–112,500 USD and support near 103,000 USD.
The Glassnode platform warns that the market is undergoing a phase of strong profit-taking, which could lead to consolidation or correction towards ~103,700 or even ~95,600 USD before resuming the trend.
Mixed forecasts: some anticipate a sideways range in June between 103–112,000 USD, while others suggest a risk of retreating to ~90,000 USD before a possible new bullish impulse.