As of June 28, 2025, Bitcoin (BTC) is trading at $107,425, marking a 0.57% increase from the previous close.
The price has fluctuated between $106,515 and $107,572. Technical analysis suggests a potential double top pattern with peaks near $110,000 and a trough around $75,000, indicating a possible bearish trend.
Despite the pattern, a major crash is unlikely due to strong institutional support and favorable regulations. In March 2025, President Donald Trump established the Strategic Bitcoin Reserve. Analysts, like Tom Lee, predict Bitcoin could reach $250,000 by the end of 2025.