$BTC Current Trend and Support Level
At the beginning of June, BTC recovered to approximately $105,500–105,600, after a correction from a peak of $112,000 reached on May 22.
• Bulls are holding the support zone of $100,000–104,000, while $107,000 acts as key resistance.
• Technically, a so-called 'Golden Cross' has formed, which historically has led to significant growth (~+50%) after the current minor correction.
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📰 What Influences the Price Now
• Macroeconomics and Geopolitics: the introduction of new tariffs and tightening relations between the USA and China have introduced uncertainty, causing short-term volatility.
• Politics of High-profile Figures: disagreements between prominent figures such as Trump and Musk are reflected in market reactions, creating impulses.
• Institutional Expansion: the rise in investments from corporations and family offices, along with the active emergence of Bitcoin ETFs — all of this strengthens the foundation for further growth.