$BTC ๐Ÿ“Š Market Summary (June 8, 2025)

๐Ÿงฉ Key Drivers & Trends

1. Political Spillovers

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2. Technical Range

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3. Whale Accumulation

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4. Institutional Interest

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๐Ÿ› ๏ธ Technical Levels to Watch

LevelSignificance Strong demand, accumulation seenResistance around $106Kโ€“$107K A breakout could trigger the next rally

A breach above $107K would invalidate bearish formations and potentially reopen the path to fresh ATHs (~$112K+).

Sustained stay within $104Kโ€“$106K hints at a consolidation phase โ€” a precursor to either breakout or breakdown.

๐Ÿ” Outlook

Short-term: Neutral-to-bullish, supported by whale buying and technical buildup. Still range-bound unless new catalysts emerge.

Medium-term: Bullish momentum intact above $100K, underpinned by political/regulatory tailwinds and institutional momentum.

Watch: A pivotal move above $107K (bull signal) or a slide below $100K (bear signal).

๐Ÿ’ฌ Bottom Line

Bitcoin stands in a tight range around $105Kโ€“$106K. With market forces from whale accumulation, political drama, and institutional demand converging, BTC is poised for potential volatility. The next few trading daysโ€”especially any decisive move above $107K or below $100Kโ€”could determine whether the next major leg up or down begins.

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