#TrumpTariffs
๐ฅ Bitcoin Snapshot
Price: ~$107,735 (โผ ~1.6% intraday, down ~$1,775)
Daily range: $107,589 โ $110,277
Trading is choppy near a key resistance zone
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๐ What Analysts Say
Investopedia: BTC recently surged to an all-time high of ~$110,400โ$112,000, driven by low inflation data and hopes for Fed rate cuts. A bullish flag breakout and golden crossover signal potential upward momentum toward $137K, with key resistance around $112K and support near $107K and $100K .
FXEmpire: BTC hit $110,500 last week, but now faces selling pressure. Traders are eyeing a breakout above $110,500 for a new high, or else a pullback toward $107K as a key support .
Binance Research: Mayโs rally peaked near $111,970 โ fueled by record institutional inflows via ETFs. Newly reported whale buying also positions BTC just ~2% shy of all-time highs .
๐ง Trader Takeaways
Scenario Key Levels What It Means
Bullish Break above $110.5K / $112K Could pave the way to $120Kโ130K+
Bearish Rejection & pullback Watch re-test of $107K; next at $100K
Volatility is elevated โ traders are short-term positioning for a move.
Macro backdrop: inflation prints, Fed signals, and global trade factors remain key catalysts.
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๐ฌ Bottom Line
Bitcoin sits at a critical inflection point. A firm breakout can trigger another leg up; but failure to sustain $110.5Kโ$112K could lead to a correction toward $107K. Watching macro events this weekโespecially inflation dataโwill be crucial.
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๐ Whatโs your $BTC move?
Are you stacking on dips? Riding the breakout? Comment your strategy or share your trader profile to earn those Binance points!