$BTC Bitcoin Battles for $100K: Is the Bull Run Back On?
Bitcoin is holding just above $105K after a volatile week, with bulls defending the critical $100K level. Analysts say this could mark the "calm before the storm" — a volatility squeeze is forming just below resistance at $107.8K. 📈
🔍 Key Levels to Watch:
🔹 Support: $100K & $97.5K (held by mid-term holders)
🔸 Resistance: $106.2K (short-term holders' break-even) & $112K (ATH liquidity target)
📊 Macro Factors:
CPI & PPI reports (June 11–12) may shape the Fed’s tone ahead of the June FOMC meeting.
Rate cut unlikely until September, keeping pressure on risk assets like BTC.
🔥 Social sentiment is heating up too — drama between Trump and Musk triggered fear, but some see it as a "sell the rumor, buy the news" moment.
💬 Is this just a pause, or is $120K loading next?
