Why Is Bitcoin Going Down? Elon Musk News Didn’t Help BTC Price, Analysts Predict Drop to $97K

Bitcoin (BTC) price action
has entered a critical juncture as June 2025 unfolds, with the
world’s largest cryptocurrency trading on Monday, 2 June, 2025, around $104,823
after retreating from recent highs near $112,000. The current market dynamics
present both opportunities and risks for retail traders, as technical patterns
suggest potential volatility ahead while institutional sentiment remains
cautiously optimistic.Moreover…
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