$BTC Market Performance & Price Insights

Crypto market rallied ~10% in May, driven largely by Bitcoin approaching a record $112,000, according to Binance Research .

As of June 15, Bitcoin was trading around $105,000 with moderate intraday fluctuations. Market sentiment remains cautiously optimistic .

Technical analysis points to short-term resistance near $106K and support around $104–$105K. The long-term outlook stays bullish, with uptrends still intact .

Notably, Binance CEO CZ predicts Bitcoin could hit $500K to $1 million in this market cycle, citing institutional inflows and the recent wave of spot ETF launches .

Recent Volatility & Liquidations

Bitcoin recently dipped to the $102K range following geopolitical tensions and macroeconomic jitters, resulting in over $730 million in liquidated long positions .Market corrections have been described as healthy consolidations; key levels at $100K will determine if Bitcoin can rebound toward $110–112K .