- Bitcoin briefly decreased to 104,232 dollars before recovering to 105,522 dollars, and recovered more than 0.50 % inside the day.
- The annual deficit in the United States may reach 2T, with 25 % of revenues spending on interest alone.
- Although prices bounce, the daily trading volume decreased to more than 12 % to 41.44 billion dollars, indicating a decrease in market activity.
Bitcoin, the world’s largest encrypted currency in the world, saw a little ride this week, slightly slightly slightly slightly less than the 105,000 dollar sign on June 5 before it recovered quickly. During the day, BTC decreased to the lowest level during the day 104232 dollars – a decrease of 0.71 % from the previous day. However, it did not remain for a long time, as the currency wore more than 0.50 %, as it returned to about 105.5 thousand dollars.
At the time of writing this report, Bitcoin is traded at $ 105,522. Despite the relatively stable price, trading activity has been cooled – the daily trading volume has decreased by more than 12 %, and it is now 41.44 billion dollars. Meanwhile, Bitcoin’s market value is fixed at $ 2.08 trillion.
Looking at the biggest image, Bitcoin witnessed a modest decrease of 2.56 % during the past week, based on data from Coinmarketcap. Analysts suggest that this decrease is significantly due to the constant reservation of profits by large bearers – known as “whales” – especially with bitcoin trading over a sign of $ 100,000 with psychological significance for a long time.
In fact, Bitcoin managed to stay over six numbers for 27 days of the record during May and June 2025. This includes 25 consecutive days, exceeding the previous record of 18 days in January 2025. While this offers strong support for the market in the market, it demands the trick to dismantle its property at high levels.
Well -known analyst Will Wu indicated on June 3 that whales that include more than 10,000 BTCs steadily reduce their positions. Many of these huge holders have raised their coins at prices ranging from $ 7 to $ 700, while keeping them anywhere between 8 to 16 years old. According to the data, the total bitcoin supplies retained by whales decreased from 2.77 million in 2017 to only 1.6 million in 2025 – a decrease of approximately 40 %.
Can BTC restore the upper trend, or is it a deeper correction in the future?
Technically, Bitcoin appears to enter a unification phase after retreating from the last levels, which amounted to $ 112,000. The current price range ranges between 104,000 dollars and $ 106,000 that works as a short -term area of frequency. The 4-hour graph shows the currency that is struggling to exceed the Fibonacci level 0.618 at 105,880 dollars, with the RSI in 51.39 neutral-a sign of the absence of buyers or sellers at the present time.
The MACD rapprochement indicator (MACD) is alluded to a potential upward intersection, although there is no strong confirmation yet, as the momentum remains weak. On the negative side, technical indicators such as the flow of Chaikin (CMF) (CMF) and red areas on BBPT indicate that there is still some distribution pressure on the market.
Resistance levels remain harsh at 107,000 dollars and 108151 dollars, areas where the price has previously been rejected several times. The bullish trend line was also broken by BTC to the top, adding to the cautious tone.
According to Patel, CEO of Mudrex, Bitcoin needs to exceed $ 106,000 to keep its upper momentum alive. If not, we may see a decline of about 103,200 dollars before buyers appear again.
However, the spread of distress between the price of bitcoin and its average levels indicates a possible correction in the future – perhaps within 10 %. The collapse of less than $ 104,000 can pull the price to $ 102,000. On the other hand, if Bitcoin is able to raise enough strength to break $ 107,000 with increased trading volume, there may be a short -term gathering on the cards.
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