1️⃣ CPI Data Drops Today June 10 Last CPI: 3.8% YoY - highest since May 2023 If CPI prints above 3.6% = Fed rate cuts gone = BTC tests $59K If CPI below 3.0% = Rate cut hopes back = BTC eyes $70K-$72K
2️⃣ FOMC June 17 Next Week CPI feeds dot plot. Dot plot moves DXY. DXY moves Bitcoin. Next 7 days = most important week for BTC in 2026
3️⃣ Current Setup Price: $62,850 Fear & Greed: 8 = Extreme Fear = historically best buy zone Miners selling at 3-year low = holders not selling
Banks still bullish: Standard Chartered sticks to $100K target "Aggressive buying" coming to the zone we all wanted
$BTC BTC has finally broken above its previous daily high after a week of weakness, signaling a possible shift in market momentum.
After sweeping liquidity below $60K, the market is showing early recovery signals. The next major level to watch is $65K, which could act as a key resistance zone.
While the breakout looks promising, weekend trading often comes with lower volume and higher volatility. Patience and proper risk management remain essential.