$BTC Price Outlook: #MyCOSTrade Trade Developments and ETF Flows🍀
🧐👉BTC fell 0.44% on June 3, reversing Monday’s 0.12% loss to close at $105,436.🤫
🍄The near-term outlook remains hinged on legislative news, US economic data, Fed policy signals, trade headlines, and ETF flows.🧐#SaylorBTCPurchase
🧐Potential scenarios:🍀
👉Bearish Scenario: Rising trade tensions, legislation setbacks, weak US labor market data, hawkish Fed rhetoric, and ETF outflows could drag BTC below $100,000.Bullish Scenario: De-escalation in trade tensions, bipartisan support for crypto bills, upbeat US labor market data, dovish Fed cues, and ETF inflows could drive BTC toward the record high of $111,917.
What to Watch #BlackRockETHPurchase
🧐 Investors should continue tracking legal developments in the Ripple case, US crypto legislation, key US economic indicators, and Fed commentary. These factors will continue driving sentiment across XRP and BTC, potentially dictating whether the tokens revisit recent highs.🤫#TrumpTariffs
👉Explore analyst forecasts on where XRP and BTC may head next as legal and political factors unfold.🍀
