As of June 12, 2025, the current price of Bitcoin (BTC) is approximately $107,091, a slight fall of about 2.3% compared to the previous trading day. During the day's trading, Bitcoin reached a high of $110,277 before retreating to $106,950, showing an overall fluctuating trend.

From a technical analysis perspective, Bitcoin has broken through the previous flag consolidation pattern, and short-term upward momentum is still continuing. If it can firmly stand above the $110,000 level, it may open a new round of upward trend. Currently, the relative strength index (RSI) has fallen to 58, indicating that market momentum has slightly weakened but overall remains moderately strong. The current key support level is at $107,000, and if it breaks, the next support level will be the $100,000 round number.

In terms of fundamental factors, the U.S. inflation data for May showed moderate performance, and market expectations for a Federal Reserve interest rate cut have risen, providing confidence support for risk assets. Institutional investors' demand for Bitcoin continues to strengthen, and the phenomenon of a large number of institutions holding Bitcoin provides solid support for the market. Despite recent market pressures from geopolitical risks in the Middle East and the interpretation of inflation data, most analysts believe that Bitcoin is gradually entering a mature phase, and price volatility is expected to gradually decrease.

Overall, Bitcoin is currently in a critical phase of consolidation and attempting to break through. If it can effectively maintain above the support level of $107,000 and break through $110,000, the upward momentum will be further confirmed, with a mid-term target price potentially challenging the range of $112,000 to $115,000. Conversely, if it cannot hold its current position, it may retrace to the $105,000 or even $100,000 area. Investors should continue to pay attention to changes in technical indicators, macroeconomic data, and developments in geopolitical risks, and adjust their investment strategies accordingly.