The current price of Bitcoin is around 103,737 USD, and it may not significantly rise in the short term, but it might rebound around 103,500 USD.

Based on neutral technical analysis, today's price may remain stable or slightly decline, with a potential rebound in the coming days.
Current Price and Trend
As of May 31, 2025, 01:04 MDT, the price of Bitcoin is approximately $103,737, down about 0.29% in the past 24 hours. Recent price trends indicate a decline, dropping from around $105,835 to the current level within 1 day.
The price that may rebound
Technical analysis indicates that if the price declines further, it may find support and rebound at $103,500. This observation is based on recent historical lows. If this level is broken, the next support may be around $102,000, but the likelihood is currently low.
Market Outlook
Although short-term technical analysis shows neutrality, the 1-week and 1-month technical ratings are "Buy" and "Strong Buy," respectively, indicating a bullish outlook in the medium term. Long-term forecasts suggest that Bitcoin could reach $125,000 or higher by the end of 2025, but this does not directly impact today's price.
Detailed Report
Introduction
This article is based on real-time market data and technical analysis as of May 31, 2025, at 01:04 MDT, exploring whether Bitcoin will rise on that day and the possible rebound price. Bitcoin is a highly volatile cryptocurrency, with its price influenced by various factors, including market sentiment, technical indicators, and macroeconomic trends. This report aims to provide users with comprehensive insights, covering current prices, recent trends, potential support levels, and market outlook.
Current Market Overview
According to reliable data sources, the current price of Bitcoin is $103,737, having decreased by 0.29% in the past 24 hours. The performance over 1 week is -6.18%, 1 month is +11.19%, and 1 year is +51.77%. The market capitalization is approximately $2.06 trillion, with a 24-hour trading volume of $5.854 billion. These indicators show that Bitcoin is under pressure in the short term, but the long-term trend remains positive.