#MyTradingStyle Bitcoin rises to $105K after Trump comments and Fed expectations

Bitcoin ($BTC ) surged towards $105,000 on June 18 after President Donald Trump mentioned contacts with Iran, easing geopolitical tensions. However, the market remains attentive to the Federal Reserve's (Fed) interest rate decision, which could generate volatility.

Trump criticized Fed Chairman Jerome Powell, demanding rate cuts, but the central bank is expected to maintain them. Analysts warn that an aggressive tone from the Fed could pressure BTC, while a flexible stance could boost it.

Traders are watching the key support at $103,000, where there is high liquidity. Some anticipate a possible "short squeeze" if Bitcoin surpasses $105K.

In summary, BTC remains sensitive to the Fed and geopolitics, with volatility assured in the coming hours.

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