Bitcoin Market Watch: Price Breaks Above $105,000, Is the Rally Just Beginning?

6/5/2025, 4:15:28 AM
Beginner
Quick Reads
Considering the latest price of Bitcoin at approximately 105,031 USD on June 5, 2025, along with the positive news of a U.S. court blocking Trump's tariffs, analyze its short-term impact on the market.

Bitcoin current price overview


Figure:https://www.gate.com/trade/BTC_USDT

According to Gate data, as of June 5, 2025, the current trading price of Bitcoin is $105,031, which is a rise of about 1.2% compared to the previous day. This wave of market activity is a rapid recovery after a previous drop below $100,000, demonstrating the market’s recognition of bottom support.

Looking back at May 22, 2025, Bitcoin reached a historic high of $111,970, but quickly fell back due to macro uncertainty. After a brief adjustment, it has now climbed back above the $105,000 mark, reflecting that the bulls still hold a certain dominance.

Impact of U.S. Court Ruling

On May 28, 2025, the U.S. International Trade Court ruled that Trump’s tariffs on multiple countries, including China and Canada, violated the limits of presidential authority. This “tariff-blocking” decision has been described by analysts as “an epic positive signal.”

Pav Hundal, the chief analyst at Swyftx, stated that the ruling is a boost to market confidence and is expected to accelerate the flow of funds back into risk assets, with Bitcoin being one of the biggest beneficiaries. He also noted, “New highs are just around the corner, and market momentum is now irreversible.”

Technical Graphics and Market Trends

From a technical perspective, Bitcoin has established a solid support range at $100,000, while the K-line has remained above the 100-day moving average for several days. The RSI indicator is holding in the neutral to strong range, indicating that buying strength is gradually increasing.

Options market data shows that a large number of contracts have been established above $120,000, indicating that investors have a clear expectation of a rise in the next 1-2 months. If it can break through the previous high, Bitcoin may enter a new round of “price discovery” phase.

ETF capital inflow and institutional trends

According to the latest data, in the week ending May 23, the net inflow of domestic spot Bitcoin ETFs in the United States totaled $2.75 billion. This figure marks the highest weekly level for ETFs since their launch.

Institutional investors are showing a positive attitude towards increasing their positions, reflecting their judgment on the easing of policies and the warming of risk appetite. Pav Hundal even stated, “What we are seeing is a ‘wall of money’ flowing into Bitcoin.”

Advice and Risk Tips for Novice Investors

Despite the continuous positive news, novice investors still need to remain rational at this stage. Here are a few suggestions for your reference:

  1. Do not chase highs: Avoid buying heavily immediately after a big bullish candle; consider building your position in batches.
  2. Pay attention to policy changes: The Trump administration has filed an appeal, and policy reversals may lead to market volatility.
  3. Set stop-loss strategy: If the price falls below key support (such as 100,000 dollars), be sure to stop loss in a timely manner.

Conclusion

Bitcoin showcased its “digital gold” properties again in 2025. As the global trade environment slows down and macro liquidity improves, coupled with the support of spot ETFs, Bitcoin is expected to continue testing historical highs in the short term. However, there is always uncertainty in the market, and novice investors should better balance risks and opportunities, responding steadily to each fluctuation.

Author: Max
* The information is not intended to be and does not constitute financial advice or any other recommendation of any sort offered or endorsed by Gate.
* This article may not be reproduced, transmitted or copied without referencing Gate. Contravention is an infringement of Copyright Act and may be subject to legal action.

Share

Crypto Calendar

Proje Güncellemeleri
Etherex, 6 Ağustos'ta REX token'ını piyasaya sürecek.
REX
22.27%
2025-08-06
Nadir Geliştirici ve Yönetim Günü Las Vegas'ta
Cardano, 6-7 Ağustos tarihleri arasında Las Vegas'ta Rare Dev & Governance Day etkinliği düzenleyecek. Etkinlik, teknik gelişim ve yönetişim konularına odaklanan atölye çalışmaları, hackathonlar ve panel tartışmaları içerecek.
ADA
-3.44%
2025-08-06
Blok Zinciri.Rio Rio de Janeiro'da
Stellar, 5-7 Ağustos tarihlerinde Rio de Janeiro'da gerçekleştirilecek Blockchain.Rio konferansına katılacak. Program, Stellar ekosisteminin temsilcilerini, Cheesecake Labs ve NearX ortakları ile birlikte içeren anahtar konuşmalar ve panel tartışmaları içerecek.
XLM
-3.18%
2025-08-06
Webinar
Circle, 7 Ağustos 2025 tarihinde, UTC 14:00'te "GENIUS Yasası Dönemi Başlıyor" başlıklı bir canlı Yönetici İçgörüleri web semineri düzenleyeceğini duyurdu. Oturum, Amerika Birleşik Devletleri'nde ödeme stablecoin'leri için ilk federal düzenleyici çerçeve olan yeni kabul edilen GENIUS Yasası'nın etkilerini inceleyecek. Circle'ın Dante Disparte ve Corey Then, yasaların dijital varlık inovasyonu, düzenleyici netlik ve ABD'nin küresel finansal altyapıdaki liderliği üzerindeki etkilerini tartışacak.
USDC
-0.03%
2025-08-06
X üzerinde AMA
Ankr, 7 Ağustos'ta UTC 16:00'da X üzerinde bir AMA düzenleyecek ve DogeOS'nin DOGE için uygulama katmanını inşa etme çalışmalarına odaklanacak.
ANKR
-3.23%
2025-08-06

Related Articles

Pi Coin Transaction Guide: How to Transfer to Gate.io
Beginner

Pi Coin Transaction Guide: How to Transfer to Gate.io

Pi Network is a decentralized cryptocurrency network for the general public, using the Stellar Consensus Protocol (SCP) consensus mechanism, which allows users to easily mine Pi tokens from their mobile devices and use them for payments and transactions. With the official opening of the mainnet on February 20, 2025, investors can deposit and trade $PI on exchanges such as Gate.io. This article details how to securely transfer Pi Coins to Gate.io, including obtaining a deposit address, completing the transfer using the Pi Network mainnet wallet, and the exchange's arrival confirmation process. In addition, we have analysed $PI investment risks, including market volatility, compliance and potential fraud risks, to remind investors to take risk management before trading.
2/25/2025, 8:21:43 AM
What is N2: An AI-Driven Layer 2 Solution
Beginner

What is N2: An AI-Driven Layer 2 Solution

This article introduces N2 (Niggachain AI Layer 2), the world's first AI-driven Layer 2 blockchain solution. N2 combines AI technology and quantum computing resistance to address the limitations of traditional blockchains in scalability, transaction speed, and cost. Its core technologies include '0-second block time', AI-driven network optimization, and quantum-resistant security protection, aiming to improve transaction efficiency and ensure system stability.
12/23/2024, 7:21:00 AM
Grok AI, GrokCoin & Grok: the Hype and Reality
Beginner

Grok AI, GrokCoin & Grok: the Hype and Reality

Discover Grok AI, GrokCoin, and Grok Crypto—from Elon Musk's AI chatbot to the viral meme coin inspired by it. Learn about GrokCoin’s rise, its connection to Grok AI, and the risks of investing in meme coins.
3/7/2025, 10:33:07 AM
How to Sell Pi Coin: A Beginner's Guide
Beginner

How to Sell Pi Coin: A Beginner's Guide

This article provides detailed information about Pi Coin, how to complete KYC verification, and choose the right exchange to sell Pi Coin. We also provide specific steps for selling Pi Coin and remind of important matters to pay attention to when selling, helping novice users complete Pi Coin transactions smoothly.
2/26/2025, 9:20:50 AM
Crypto Trends in 2025
Beginner

Crypto Trends in 2025

As 2025 arrives, the cryptocurrency market stands at a new crossroads of development. This article delves into five key trends shaping the current crypto landscape, covering significant regulatory changes, the transformational impact of Bitcoin spot ETFs, the deep integration of AI and blockchain, Ethereum’s technical upgrades, and the rise of emerging markets. Through analysis of these trends, the goal is to provide investors, professionals, and enthusiasts with clear insights into the future direction of the crypto market, helping them better seize opportunities and face challenges. Real-world examples are included to help readers understand the dynamics of how the market is developing under each trend.
4/10/2025, 9:55:53 AM
What is Official Elon Coin (ELON)?
Beginner

What is Official Elon Coin (ELON)?

Official ELON Coin is an innovative project launched on the Solana blockchain, connecting the future of cryptocurrency and fan concepts through the $ELON token. After its launch, the project quickly gained strong community support and market confidence, with a maximum market value of $26 million. Through its unique token distribution mechanism and long-term development plan, the project ensures market stability and sustainability.
1/20/2025, 5:08:32 AM
Start Now
Sign up and get a
$100
Voucher!