📊 What could happen in the next 24 hours?
1. Market awaits U.S. inflation data.
Bitcoin is trading near $109,000–$110,000, approaching record highs. All eyes are on the upcoming U.S. CPI report—May’s inflation data could pull the Fed’s interest rate timeline forward or push it back. A lower-than-expected CPI could spark another rally, while a higher print might dampen sentiment
2. Technical levels to watch.
Traders see resistance around $110,500–$110,600—if BTC breaks above that, a run toward a new all-time high could quickly follow. Conversely, failure to break cleanly may trigger a pullback to support at $109,000, or even a deeper dip toward $107,000
marketwatch.com
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3. Momentum indicators still friendly.
Short‑term charts show no major sell signals flagged—Crypto Rover notes that top technical indicators remain bullish, which supports signs of “sustained momentum”
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4. Corporate and institutional flows.
Public companies—including MicroStrategy and recently GameStop—are continuing to add Bitcoin to their balance sheets, providing structural support
. However, durable stability remains fragile and could be shaken by fast moves or large market orders. #tradersleage
