š„ Bitcoin Dips Below $107K ā Healthy Pullback or Red Flag?
š June 12, 2025
šØ Market Alert: Bitcoin fell sharply today, dropping to $106K after testing the $110K resistance. Traders are askingāis this a normal correction, or the start of a deeper slide?
š§ What Caused the Drop?
- Soft U.S. Inflation Data š
While CPI and PPI came in weaker (which is bullish long-term), it triggered $683M in futures liquidations, mostly longsācausing a sharp pullback.
- Geopolitical Tensions š
Concerns over the Middle East and U.S.āChina relations are pushing capital toward safer assets like gold.
- Technical Resistance at $110K ā ļø
$BTC failed to break above a key ceilingātraders took profits, and we now see a range-bound market between $106Kā$108K.
š Market Outlook
- Short Term: If $BTC breaks below $106K, eyes on $100K.
- Mid Term: Holding current support could mean a bullish retest of $110ā112K.
- Volatility: Rising again, but maturing into more structured moves.
š Final Takeaway
This drop may be a healthy correction, not a collapse. If $BTC holds $106K, macro support (Fed easing, low inflation) and institutional flows could keep the bull trend intact.
š¬ What do YOU think?
Will BTC bounce back toward $110K this week? š
Or are we heading for subā$100K territory? š§Æ
Share your strategy below! šš
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