#TrumpTariffs

🇺🇸 Strategic Bitcoin Reserve — Crypto Update

– President Trump is backing a Strategic Bitcoin Reserve, signaling continued government-level crypto support .

– U.S. trade-policy volatility remains elevated, and weakened U.S. dollar—down ~9% YTD—continues to underpin crypto and gold as attractive alternatives .

🪙 Bitcoin Today

• Trading at ~$103 k–$108 k intraday range (now around $103.4 k) .

• Momentum cooled from recent highs (~$110 k–$111 k), with bulls defending strong support zones around $105 k–$106 k .

📊 June Outlook – Market Estimates

• Support: $105,000 (primary), then $100,000 if global risk-off intensifies

• Resistance: $110,600–$111,000 zone currently, then psychological barrier at $112,000 (May ATH) 

• Upside targets: Technical traders eye a breakout above $112 k–$120 k—some models (Bitfinex, FMTV) project $120–125 k in June 

💡 Key Catalysts to Watch

• Escalating tariff announcements or Fed signals.

• Dollar strength/weakness shifts—crypto tends to rally during USD weakness  .

• Institutional flows via ETFs remain strong, pushing BTC toward new highs .

📌 Summary – BTC Range This Month

Expect a $100 k–$112 k base range, with possible $120 k–$125 k extension if macro drivers align and BTC breaks above its May ATH.