$BTC Bitcoin is presently trading around $104,800, retreating from recent highs of approximately $112K amid profit‑taking and global uncertainty . The weakening U.S. dollar and broad institutional momentum—driven by ETFs and corporate treasuries—are providing underlying support . However, heightened volatility persists: geopolitical tensions and ongoing consolidation within the $103K–$106K range suggest a critical juncture . Analysts warn June could see a key breakout or pullback, with critical support near $103,300 and resistance around $112K . In sum, BTC’s short‑term outlook remains choppy, but the macro trend is bullish thanks to regulatory clarity and deepening institutional adoption.