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Bitcoin on the Verge of Correction

3 Jun 2025by CryptoJazz Admin1 min read2 views
Bitcoin on the Verge of Correction

🟡Bitcoin ended May at a record high of $105,700, posting an 11% gain. However, technical indicators point to a potential correction toward $100,000. Bearish RSI divergence and the behavior of large holders increase the likelihood of a pullback, despite continued interest from retail investors.

🟡Profit-taking by whales, stablecoin outflows, and declining holdings among long-term investors suggest a shift in market phase. Nevertheless, the $100,200–$119,400 range remains a key zone to watch as the market teeters between greed and caution.

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