💥 Bitcoin Price Could Explode After June 11 CPI Report, Says Analyst
Bitcoin could be on the verge of a massive breakout, according to popular crypto analyst Doctor Profit, who predicts a potential price surge of up to 170% in the coming months. With a Golden Cross formation, key support near $100K, and a pivotal CPI inflation report just days away, the market may be heading for explosive gains.
Bitcoin Eyes Breakout as Key Resistance Is Tested
At the start of June, Bitcoin was trading at $104,588.85, but briefly dipped 4.10% between June 3–5. However, it bounced back sharply from $100,400 on June 6, rising 2.74% in a single day. Since then, BTC has gained another 5.07%, currently sitting around $106,663.68.
Doctor Profit shared on X (formerly Twitter) that Bitcoin is attempting to break a diagonal resistance line—a move he believes could launch BTC into a new all-time high soon.
“A confirmed Golden Cross and strong $100K support signal a bullish breakout. BTC could rise 70–170% if macro factors align,” he wrote.
