#شارك_أفكارك_حول_BTC As of today, June 1, 2025, the price of Bitcoin (BTC) shows a slight decline after reaching its peak in May. LatestLY
📉 Current price overview: Current price: approximately $104,002.
Highest price during the day: $104,902.
Lowest price during the day: $103,394.
Daily change: an increase of 0.00445% (approximately $461). AInvest +8 YCharts +8 TradingView +8
📊 Technical analysis: Relative Strength Index (RSI): standing at 58, indicating that the market is not in the overbought or oversold territory, with a slight upward trend.
50-day moving average: stands at $66,800, acting as dynamic support.
Trading volume: saw a decrease of 15% in bearish candles, indicating weakness in selling momentum. Blockchain News
🐋 Whale activity: Data indicates a 15% increase in the number of accumulation addresses (wallets holding Bitcoin for over 6 months), showing that large investors are buying the dip.
📈 Future forecasts: Short-term: If Bitcoin can maintain support at $66,500 and break resistance at $68,000, it may see a rise towards $107,000.
Long-term: Some analysts expect Bitcoin to reach levels between $120,000 and $136,000 by the end of June, driven by institutional investment flows and increased demand. Blockchain News
🔹 Open Discussion: The Future of Alternative Cryptocurrencies (Altcoins) Amidst the Dominance of Bitcoin and Ethereum? 🔹
Hello Binance Community 👋
As we observe, the market dominance of Bitcoin (BTC) and Ethereum (ETH) still constitutes the largest share of the crypto market value. However, recently, some alternative cryptocurrencies (Altcoins) have started to emerge strongly, such as:
$SOL (Solana) with fast and low-cost technologies
$AVAX (Avalanche) in terms of scalability
$PEPE and $DOGE in the meme coins category
❓Discussion Question: Do you think there are alternative currencies capable of competing with the giants in the long run? Or will the market remain confined between BTC and ETH in actual dominance?
📊 Share your technical analysis or investment perspective — whether you are in favor of or against the idea of altcoins surpassing in the future.
🧠 Points we might discuss in the replies:
Which altcoin do you see having a strong technical future?
Do you believe that the Altseason is actually coming in 2025?
What role do decentralized finance (DeFi) projects and NFTs play in supporting altcoins?