According to Pentoshi on Twitter, current on-chain data demonstrates that Bitcoin ($BTC) demand is significantly outpacing supply, with accompanying charts supporting this trend (source: @Pentosh1, June 3, 2025). Pentoshi points out that this supply-demand imbalance provides a bullish setup for traders, suggesting that if current momentum holds, Bitcoin could approach the $120,000 mark within June 2025. This persistent demand pressure is expected to impact spot and derivatives markets, with crypto traders closely watching for breakout confirmation. These developments may influence Bitcoin trading strategies, with increased focus on potential upside volatility in the short term.