🔥Bitcoin on the brink of $110,000: is a storm coming or is it time to buy? What to expect from June
In May, Bitcoin reached an all-time high of $112,000, but by early June, it had corrected by 7%. Investors and traders are holding their breath: what will happen next?
The rise in May was supported by data showing a decrease in inflation in the U.S. and expectations of a softening of the Fed's policy. But in June, the situation escalated: the U.S. raised tariffs on metals, and China responded with threats. This caused a capital outflow into the dollar and put pressure on the crypto market.
Additional uncertainty comes from Trump's bill with aggressive economic and security measures. The legal battle over it continues, and the final verdict could change market sentiment.
According to analysts, the current downturn is temporary and presents accumulation opportunities. Institutional investors are actively buying the dips, and interest in ETFs remains high. If the Fed hints at a rate cut, Bitcoin could quickly recover.
In the absence of positive news, Bitcoin could slide to $93K. However, a new wave of growth is also possible—especially closer to autumn, if the U.S. and China ease tensions and the Fed softens its policy.