#MarketRebound

Bitcoin (BTC) Price Update (as of June 11, 2025):

Current Price: Approximately $109,227.63 USD, up 4.18% in the last 24 hours with a trading volume of $78.06B. Market cap is around $2.16T, maintaining BTC’s position as the top cryptocurrency.

Recent Performance: BTC has risen 12.82% over the past week, hitting a new all-time high of $111,980 in May 2025. It’s consolidating near $108,258-$110,000, supported by strong institutional demand and ETF inflows.

Short-Term Price Prediction (June-July 2025):

June 2025: Forecasts suggest BTC could trade between $100,000 and $125,000, with a potential breakout to $120,000-$125,000 by month-end if it holds above $108,000. A drop below $104,000-$105,000 could see a correction to $95,000-$100,000. Technical indicators (50-day SMA at $101,715, RSI at 54.78) are neutral to bullish.

July 2025: Predictions range from $101,500 to $120,902, with an average of $111,201. Continued ETF inflows and potential Fed rate cuts could push BTC toward $115,000-$120,000, but failure to break $112,000 may lead to consolidation.

Key Factors:

Bullish Drivers: Spot BTC ETF inflows ($15B in 2024), institutional adoption (e.g., MicroStrategy, BlackRock), and Trump’s pro-crypto policies, including a proposed Strategic Bitcoin Reserve. Declining exchange reserves (2.4M BTC) signal accumulation.

Bearish Risks: Volatility from macroeconomic shifts, regulatory uncertainty, or a failure to break resistance at $112,000 could trigger a pullback to $95,000-$100,000.

Recommendation: Sentiment is bullish (67% market confidence), with 68% of experts suggesting BTC is a buy. Monitor support at $101,500 and resistance at $112,000. Use caution and conduct your own research due to high volatility.

Disclaimer: Cryptocurrency prices are volatile, and predictions are speculative. Past performance does not guarantee future results. Consult a financial advisor before