Bitcoin is poised for a breakout in June as selling pressure from both short- and long-term holders significantly eases. The Coinbase premium has stayed positive for 20 consecutive days — the longest streak of 2025 — signaling strong demand from U.S. investors, especially institutions. Coinbase also saw a net outflow of over 8,700 BTC on May 26, a move often linked to ETF inflows or corporate buying. On-chain metrics like SOPR and RSI show limited profit-taking and weakening bearish momentum. A descending triangle pattern on the chart points to a potential breakout toward $118,000 if BTC bounces from the $104,000–$106,000 support zone.