$BTC Settles at $103K
Smart Money Eyes Next Move
Price Action:
BTC stabilizes at $103,000, rejecting $105K resistance multiple times this week.
Macro Fuel:
US–China: 90-day tariff truce slashes duties (US: 145% → 30%, CN: 125% → 10%)
US–UK: New trade pact reduces global uncertainty
US–Saudi: $600B deal finalized
CPI data: Below forecast → Rate cut odds up
Investor Sentiment:
Risk-on mode triggered by global diplomacy & ETF inflows.
Fed hints at rate cuts — 1st likely in July, with 2 expected in 2025 (down from 4).
Warning Sign:
FTX set to issue 2nd round of repayments — expect volatility.
Range Watch:
BTC trades between $100.7K – $105K despite bullish macro backdrop.
Will the bulls break out next?
Stay sharp.
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