General Trend:
* Bullish in the medium and long term: Most analysts agree on a bullish trend for Bitcoin in the medium and long term, driven by institutional adoption (ETF), infrastructure improvement, and growing global interest. Some even project prices above $140,000 in the coming months.
* Short-term volatility: Despite the overall bullish trend, volatile movements and possible short-term corrections are expected.
Predictions and Key Levels for the Next 3 Days:
* Possible correction before a rise: Some analysts suggest that Bitcoin could experience a "short-term correction" before reaching new highs. A potential drop range between $100,000 and $104,000 has been mentioned before a rally towards $140,000 - $150,000.
* Support and resistance levels:
* Support: A technical support level is identified around $106,000 USD (intraday pivot point). Another important support level is at $100,000.
* Resistance: Immediate resistance is located at $106,000 USD, with an upward breakout potentially driving the price towards $115,666 USD.
* Influence of economic news: Economic data, such as the Consumer Price Index (CPI) to be released on June 11 (tomorrow), could generate volatility. Higher inflation could negatively impact Bitcoin.
Additional Considerations:
* Market Sentiment: Currently, the overall sentiment appears to be bullish, with a "bullish" percentage of 32.75% and a rating of 4.0 stars in sentiment.
* Trading volume: The trading volume in the last 24 hours is significant, indicating market activity.
* All-time high: Bitcoin's all-time high was $111,891.30 USD, reached on May 22, 2025. The current price is slightly below this high.
In summary, although the long-term trend is positive, Bitcoin is likely to experience fluctuations in the next three days, with the possibility of a downward correction before resuming an upward momentum. Caution is advised due to the high volatility inherent in the cryptocurrency market and to pay attention to key support and resistance levels, as well as macroeconomic events.
It is crucial to remember that these are predictions and the cryptocurrency market is highly unpredictable. Investing in Bitcoin carries risks.