### Price volatility in the last 24 hours Based on K-line data, BTC has undergone the following fluctuations: - Session 00:00: Opened at 105,092.01 USDT and closed at 104,244.44 USDT (down 0.81%) - Session 04:00: Opened at 104,217.59 USDT and closed at 104,293.86 USDT (up 0.07%) - Session 08:00: Opened at 104,294.61 USDT and closed at 104,563.55 USDT (up 0.26%) ### Detailed candlestick patterns - Session 00:00: Red candle with a short upper shadow, indicating strong selling pressure - Session 04:00: Small green candle (Doji) showing market hesitation
I. BTC Price Data in the Last 8 Hours Based on K-line data from BingX, I will analyze Bitcoin price fluctuations in the following timeframes: Timeframe 00:00 - 04:00: - Opening price: 104,539.69 USD - Closing price: 101,916.58 USD (down 2.51%) - Lowest level: 101,595.25 USD - Highest level: 104,594.46 USD - Trading volume: 19,487,316.45 USD (189.22 BTC) - Number of trades: 24,720 orders Timeframe 04:00 - 08:00: - Opening price: 101,915.78 USD
Detailed Analysis of BTC Trading Orders on June 5, 2025
Current Market Data According to the latest K-line data, BTC is trading at 104,715.97 USDT in the current trading session. Let's consider the details of the time frames: | Time frame | Open price | Close price | Lowest | Highest | Volume | |-----------------|--------|----------|-----------|----------|------------| | 00:00-04:00 | 105,298.71 | 104,927.83 | 104,869.35 | 105,478.46 | 77.27 BTC | | 04:00-08:00 | 104,927.11 | 104,695.53 | 104,413.89 | 105,044.91 | 51.58 BTC |
Market overview Bitcoin is trading around 105,700 USDT, in a narrow range trend after hitting a low of 103,700 USDT at the beginning of June. The market is in a balance phase between buying and selling pressure, with average trading volume. Short-term technical analysis - Important resistance zone: 107,500 USDT (if broken, it could target 117,000 USDT) - Main support zone: 103,500 USDT (if lost, it could return to a deeper correction zone)
Detailed BTC price forecast for June 3, 2025: Uptrend surpassing 106,000 USD
**Current market developments Bitcoin made an impressive leap as it officially surpassed the 106,000 USD mark on the morning of June 3, 2025, reaching a high of 106,400 USD. Currently, BTC is trading at 106,244 USD with significantly increased trading volume compared to previous sessions. **Analysis of key influencing factors Movements from large institutions - Aggressive buying strategy: The plan to issue 2.5 million 'Stride' preferred shares to raise capital for further Bitcoin purchases has created a positive sentiment in the market.
# Bitcoin price forecast for June 2, 2025 Current situation Currently, Bitcoin is trading around $104,859, showing a slight adjustment from the previous trading session. According to k-line data, BTC has fluctuated within the range of $104,573 to $105,055 in the most recent trading session. Short-term trend analysis Bitcoin is in a crucial 'decision' zone both psychologically and technically. According to analyst Rachael Lucas, the support level is relatively stable around $103,000, with stronger support around $97,600.
*Short-term trend Support and resistance levels - Main support: 103,500 - 103,700 USDT - Main resistance: 104,200 - 104,500 USDT - Next strong resistance: 105,000 USDT Technical developments - Based on K-line data, Bitcoin is in a short-term downtrend after falling from 105,547 USDT to below 104,000 USDT - Trading volume shows signs of increasing during sell-offs, indicating that selling pressure still exists *Daily forecast
Current Bitcoin price situation According to the latest K-line data, Bitcoin is trading at approximately 106,080 USDT (as of 08:00 on 30/05/2025). The price has fluctuated over the past 8 hours, with a low of 104,606 USDT and a high of 106,213 USDT. Market developments in the past 24 hours Trading session 00:00: Opening price at 107,026 USDT, closing at 105,728 USDT Trading session 04:00: Price continues to move sideways, fluctuating around 105,500 USDT