#TrumpTariffs Here’s today’s Bitcoin snapshot:
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🔍 Price Overview & Market Context
Current price: $108K intraday) .
Experienced a dip amid mixed macro signals — U.S. inflation cooling (boosting crypto), but geopolitical tension (esp. Middle East) weighed at day's end .
Notably, U.S. dollar index has weakened—its lowest in 3 years—pushing investors toward alternatives like Bitcoin .
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📉 Recent Movers & Volatility
Intraday high reached ~$108,588; low dipped to ~$103,081 .
After flirting with six-figure lows (~$106K), bearish headlines late Thursday—tariff threats and Middle East unrest—triggered another sell-off, bringing price below $106K .
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🧭 Market Sentiment & Outlook
Analysts from Barron’s and Cointelegraph view this as a maturing market, with declining volatility and stronger institutional adoption .
Spot Bitcoin ETFs (like BlackRock’s IBIT) are pulling in millions daily, although volumes are cooling—$431 M inflow on Tuesday vs ~$165 M on Wednesday .
Traders are watching key price zones—~$116K remains a near-term upside target, while a drop below $100K could trigger further correction .
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🧩 Summary & What to Watch
Volatility check: Even as daily swings persist (~±5%), many describe BTC as settling into a new “normal.”
Catalysts to monitor:
1. U.S. Fed moves/rate decision (next due in September pricing),
2. Dollar and inflation trends,
3. Global tensions (Middle East, trade news),
4. ETF inflows/withdrawals.
Prediction: Bullish bias remains, but technical support at ~$100K is critical—hold above, and bulls may push higher through June.
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Let me know if you'd like a breakdown of Bitcoin ETF flows, technical chart levels, or how geopolitics is shaping crypto risk sentiment!
