TLDR:
- BTC Trading Volume increased over 45%and signaled renewed market participation
- Important liquidity zones are formed on $ 110,000 resistance and $ 103,000 support, suggesting volatility
- Fibonacci target to $ 157K marks the next large upward level for the current bull bike
- $ 92K is still an important support for maintaining Bitcoin’s long -term upward structure
Bitcoin remains In a consolidation phase when traders monitor decisive price levels for a possible outbreak or division. The digital asset is facing a crucial time with liquidity zones placed both above and below current levels.
Market analysts monitor important technical indicators, while Bitcoin acts about 5% during the high time of his holiday that has been achieved last month. Trade activity has recently intensified, with volume growing 45.30% compared to the previous day.
BTC price analysis
Bitcoin Price has shown relative stability over the past 24 hours and fluctuated between $ 103,977 and $ 106 443.
The weekly trade area expanded further and reached the $ 110 370 heights and was $ 103,414. The current market data reveals that BTC is experiencing a modest decrease of 0.35% over the past 24 hours along with a decrease of 3.95% over the past seven days.
The 24-hour trade volume reached $ 28,087,283,962, which indicates significant market participation. This volume increases signals growing interest from institutional traders Despite the latest price consolidation phase.
Cryptocurrency -analyst Daan Crypto trading marked the current market structure as a critical intersection situation.
The trader emphasized large liquidity concentrations over $ 110,000 and below $ 103,000, creating potential volatility zones. These levels represent important impact land where significant purchases and sales prints can emerge.
$ BTC Not much price measure at the beginning of the month yet.
Trying to do as little as possible here as we are at this intersection. There are still many positions built on both sides. Large liquidity zones above $ 110,000 and below $ 103K. https://t.co/148vxq3fia pic.twitter.com/ifdsvjssie
– Daan Crypto Trade (@DaanCrypto) June 3, 2025
The analyst noted a significant position building on both Hausse and Baissian pages, which indicates that the market players are preparing for a decisive feature. This positioning creates an environment where each breakout can trigger cascade effects through utilized positions.
Bitcoin Price Breeding
Technical analyst Coinskid gave insight into Bitcoin’s long -term track using the Fibonacci extension analysis. The analyst referred to his late 2022 prerequisite aimed at the Fibonacci level $ 1,272 to $ 95,000, which BTC successfully reached at the end of 2024.
The next big goal is at the Fibonacci extension 1.618 around $ 157,000, which represents a potential ending point for the current bull market cycle. This level highlights historically important resistance areas where Bitcoin has previously encountered sales pressure.
Analysts suggested to reach this goal can potentially trigger The beginning of an Altcoin season.
Late 2022 I told you that the minimal target is 1,272 at 95k for #bitcoin It met beautifully at the end of 2024 and then had a correction 👊#btc may be ready for a run to 1.618 on a 157k where it can start completing its bullmen bike and we see a #Alseason… … pic.twitter.com/7fk4niym7r
– Coinskid (@Coins_Kid) June 3, 2025
The current technical analysis shows Bitcoin that works within a defined interval structure. The upper limit is close to $ 111,938, while the lower level of support rests about $ 91,079. The middle area, about $ 99,638, acts as an important zone for future price direction.
Bitcoin must retain the support over April 2025 low approximately $ 92,000 to preserve haus -like speed, according to technical estimates.
A division below this level can signal weakness in the current upward structure. Conversely, a crucial break can be over $ 110,000 to release significant upward potential towards higher Fibonacci goals.