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📈 Bitcoin Market Analysis – June 3, 2025
As of today, Bitcoin (BTC) is trading at approximately $105,348, reflecting a modest increase of 0.26% over the past 24 hours. The day's trading range has seen lows of $103,969 and highs reaching $106,442.
🔍 Market Overview
Current Price: $105,348
24h Change: +0.26%
24h High / Low: $106,442 / $103,969
Market Cap: Approximately $2.73 trillion
24h Trading Volume: Around $138.82 billion
BTC Dominance: 60.34%
Fear & Greed Index: 32 (Fear)
Market Sentiment: Bearish
Volatility (30d): 6.27%
Green Days (30d): 13 out of 30 (43%)
50-Day SMA: $92,251
200-Day SMA: $83,885
14-Day RSI: 42.66
📊 Technical Analysis
Bitcoin is currently exhibiting a consolidation pattern after reaching its all-time high of $111,970 on May 22, 2025.
Support Levels:
$103,000: Immediate support observed from recent price action.
$97,000: Previous resistance turned support.
Resistance Levels:
$108,000: Near-term resistance to watch.
$111,970: All-time high acting as a significant resistance level.
The Relative Strength Index (RSI) at 42.66 suggests that BTC is neither overbought nor oversold, indicating a potential for price movement in either direction.
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