Bitcoin Price Could Reach Reach $125k in June: Bitfinex

Bitcoin Network Activity Booming Despite A Quiet Market—Data

Bitcoin’s price has barely moved in the last week, but other signs point to growing activity on the network. On June 5, Bitcoin traded around $104,300, down 0.50% in 24 hours and off 2.5% over the past seven days. Yet data shows more people are joining the network, and more coins are being passed around. Wallet Creation Jump According to Santiment, on May 29 nearly 557,000 new wallets appeared. That was the highest number since December 2023. It…

Bitcoin is Predicted to Reach $132,804 By Jun 10, 2025

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Bitcoin Awaits U.S. Jobs Data as Bitfinex Eyes $125K or $95K Scenarios

According to information from analysts at Bitfinex, shared by The Block, slowing labor market data may support risk assets like Bitcoin, while stronger figures could spell near-term downside. Labor Market Expected to Cool Economists expect the report to show between 125,000 and 130,000 new nonfarm payrolls in May, a drop from April’s 177,000. The unemployment rate is projected to stay at 4.2%, with average hourly earnings forecast to rise by jus…

Bitcoin price could reach reach $125k in June: Bitfinex

Bitcoin has the potential to reach $125k in June, if the macro environment is favorable.

Mike Alfred Predicts Bitcoin Price in Six Weeks, Tom Lee Reacts

Although Bitcoin has been in a holding pattern for longer than many had hoped, industry commentator Mike Alfred believes BTC may be on the cusp of a major price breakout. Today, Bitcoin posted a 0.5% decline, trading at $104,800, with a weekly performance showing a 2.5% dip. However, in a recent post on X, Alfred revealed that his proprietary indicators are aligned and pointing toward a significant upward move. Specifically, he is targeting a Bi…