Bitcoin Holds $105K but Stands on Shaky Ground 📊

Bitcoin has stabilized around $105,500 after a brief dip to $100,500, triggered by the Trump-Musk fallout. Analysts warn the crypto’s position is “fragile,” with key support levels at risk if bearish news hits. 😬

#StrategicTrading #VolatilityWarning

🔍 What’s Driving BTC?

• Institutional adoption is bolstering support, with companies like Trump Media ($2.5B BTC treasury) and GameStop (4,710 BTC) jumping in.

• Strategy and Metaplanet continue aggressive BTC buys, with Strategy raising $1B for more purchases.

• Fear & Greed Index at 55 shows a cautious, wait-and-see market.

📅 What’s Next?

• Volatility may spike with upcoming CPI (Wed) and PPI (Thu) data.

• Fed’s June 17 meeting is key—99.9% chance rates stay at 4.25-4.5%.

• U.S. trade talks could also sway markets.