$BTC #Tradingleague
Bitcoin Market Trends (June 2025)Price Performance: Bitcoin (BTC) is currently trading around $103,417, close to its all-time high of $111,891 reached on May 22, 2025. It has seen a year-to-date increase of over 41%, driven by institutional adoption, ETF inflows, and macroeconomic factors like inflation concerns. However, recent volatility has led to a -1% drop in the last 24 hours and -2% over the past week.Bullish Sentiment: Market sentiment remains largely bullish, with a Fear & Greed Index at 54 (neutral) and 57% green days in the past 30 days. Analysts predict BTC could reach $130,000–$250,000 by year-end, fueled by spot Bitcoin ETF demand, post-halving supply constraints, and potential U.S. regulatory support under a crypto-friendly administration.Institutional Adoption: Bitcoin ETFs have seen $36 billion in net inflows in 2024, with BlackRock’s IBIT leading as the most successful ETF debut. Corporate treasuries, like MicroStrategy, and public companies are increasing BTC holdings, with predictions of five Nasdaq 100 firms adding Bitcoin to balance sheets in 2025.Technical Analysis:Daily Chart: BTC is testing support near the 100-day EMA ($98,807) and 200-day EMA ($93,092). A break below $102,000 could push prices toward $98,000, while reclaiming $107,000–$108,000 may signal a rise to $113,500 by early July.Weekly Chart: Bullish with the 50-day moving average rising and acting as support, suggesting long-term strength.RSI at 50.44 indicates a neutral market, with no clear overbought or oversold conditions