#cryptotradingpro

$BTC Price Update: Short-Term Dip Before $140K? 📊

Analysts predict Bitcoin ($BTC ) may see a short-term correction to $100K-$104K before soaring to new highs around $140K. 📈

🔎 Key Points:

• CPI Data Impact: June 11 US CPI data could spark volatility. Higher inflation (0.3% MoM, 2.3% YoY) may pressure BTC if Fed rate cuts seem less likely.

• Technical Patterns: Bullish cup-and-handle and bull flag patterns on weekly charts signal a potential breakout to $143K.

• Current Range: BTC is trading between $103.8K-$106.9K, with a possible dip to $101.5K per head-and-shoulders pattern.

• Bullish Outlook: Despite a pullback, bulls remain in control, with BTC holding above the $95K support band and 2021 trendline.

💡 Swissblock: “Inflation data could unleash volatility, but bulls are regrouping.” 💡 SuperBro: “BTC’s held above 2021’s high for 4 weeks. Break the trendline, and $140K-$150K is next!”

⚠️ Note: Always DYOR—crypto markets are volatile!