Bitcoin Market Overview (June 11, 2025)
Current Price: Approximately $109,520
Intraday Range: Between $108,616 and $110,249 — showing a slight rebound following a mild pullback.
Trading Volume & Sentiment:
As of publication, the 24-hour sentiment leans toward "Greed" (Fear & Greed Index ~65). Capital inflows remain steady, with prices fluctuating at elevated levels for most of the day.
🔍 Technical Analysis
Resistance and Support Levels:
Resistance Zone: Near the historical high of $111,000–$112,000 (with the May 22 peak at $111,970)
Support Zone: Around today's low of $108,600; if broken or retested, support could extend to the $106,300 area
Price Pattern:
Daily and weekly averages are converging, indicating a consolidation at high levels with mixed bullish and bearish signals — no clear breakout direction for now.
Some analysts believe that if the current support holds, there’s potential for an upward move, possibly breaking out and retesting the $115,000+ region. #CryptoRoundTableRemarks #Tradersleague #BTC110KSoon?