#BTC Market Analysis#

📈 #Bitcoin (BTC) Market Analysis – June 2, 2025

If you're tracking the crypto markets today, here’s a detailed look at Bitcoin’s current status and what might come next:

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💰 Current Price & Market Overview

Price Range: $104,939 – $105,317 (Live prices may vary, always verify via trusted exchange like Gate.io)

Market Cap: ≈ $2.08 Trillion

24h Trading Volume: $34.56B – $37.42B

24h Price Change: Slight movement between +0.10% to +0.54%

Weekly Change: ~-3.84%

Monthly Change: Up 8% – 9%

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📊 Technical Overview

Trend: The overall structure remains bullish. On higher timeframes (daily/weekly), Bitcoin continues to print Higher Highs and Higher Lows — a sign of strength.

Moving Averages:

The 200-day MA is sloping upward, showing a healthy long-term trend.

The 50-day MA crossing above the 200-day MA (Golden Cross) suggests potential for continued upside.

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🔻 Support Levels

🔹 $100,000 – Key psychological and structural support

🔹 $90,000 – Secondary strong support zone

🔹 $106,000 – $107,300 – Former support, now potentially acting as resistance

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🔺 Resistance Levels & Targets

🔸 $110,000 – Immediate resistance to watch

🔸 Mid-June Target: If momentum holds, BTC may retest $119,000, with $120,000+ possible under bullish momentum

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🪙 Post-Halving Outlook

Bitcoin's supply cut continues to tighten market dynamics. With institutional demand holding strong, the long-term outlook remains bullish.
However, short-term volatility is expected — driven by profit-taking and broader market shifts.

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✅ Investor Tip

> Keep a close eye on key levels and apply proper risk management. The trend remains favorable, but corrections are always part of the game.
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