Aayannoman

The cryptocurrency market, including Bitcoin (BTC), has recently seen some bearishness due to a confluence of factors. Here is a breakdown of the key reasons:

1. Macroeconomic Uncertainty and Geopolitical Factors:

Stalled US-China Trade Negotiations: Reports of stalled trade negotiations between the US and China have dampened investor sentiment, leading to a 'risk-off' attitude in global markets, which often affects cryptocurrencies due to their correlation with risk assets.

\u003ct-58/\u003e\u003ct-59/\u003e
The cryptocurrency market is currently facing a period of volatility, with several key developments affecting prices and sentiment. The latest updates are summarized as follows:
Market Overview:🧐
* Overall Downtrend: A significant decline has been observed in the global cryptocurrency market cap over the past 24 hours, currently sitting around $3.39 - $3.42 trillion, representing a change of -2.54% to -5.21%.

#writetoearn $BTC
A common problem for new entrants to the market is that they panic and exit the market too quickly after entering. In fact, the key to successful trading is to be $BTC
The sequence is not based on luck, but rather on psychological criteria and a well-established trading system.
It is important to establish clear entry and exit criteria before trading. Before entering a position, you should clarify your investment goals, predetermined stop loss points, and profit targets. With these limits in place, even in the event of significant market fluctuations, you can remain calm and avoid making hasty decisions due to short-term emotional swings.

Predicting Bitcoin's price in the short term (24 hours) is highly speculative due to its extreme volatility, driven by a multitude of factors including market sentiment, macroeconomic news, institutional flows, and technical indicators. However, based on recent analyses and current market conditions, here's a summary of what some sources are suggesting:
📍Current Context (as of June 12, 2025):📍
* Bitcoin is trading around $108,000 - $110,000.
* It's generally exhibiting a bullish bias, with the Fear & Greed Index showing "Greed."
* There's been recent institutional inflow into US spot BTC ETFs.
🩳Short-Term Scenarios (Next 24 Hours):
🐂 * Bullish Breakout (Higher Probability):🚅
✍️ * Price Target: Some analyses suggest a retest of the all-time high (ATH) around $111,814 - $112,000, and potentially beyond to $115,103.✍️
🧐 * Triggers: A sustained break above the immediate resistance of $110,200-$110,500, 🧐which could trigger short liquidations and accelerate gains. Continued institutional inflows and strong buying momentum.
* Timeframe: This could happen in the next 0-12 hours.⏰
* Consolidation (Moderate Probability):
🏷️* Price Range: $108,800–$110,500.🏷️
* Triggers: If Bitcoin fails to break key resistance levels with significant volume, it might consolidate within a narrower range.
* Timeframe: This scenario is more likely in the 12-24 hour timeframe after a potential initial breakout.
* Downside (Lower Probability, but with risks):
* Price Target: A fall to $107,500, with a risk of further decline to $101,500 or even $100,000 if critical support levels are broken.
* Triggers: Unexpected negative news, such as higher-than-expected inflation reports (though the US CPI data for June 11 was reportedly lower, which is bullish), or a significant shift in market sentiment leading to long liquidations.
* Critical Support: $108,370 (June 10 low) is a key level to watch. A break below this could signal a move lower.
Key Factors to Monitor:
* Resistance Levels: The $110,200-$110,500 range is crucial for a breakout.
* Support Levels: $108,370 and then $106,406 are important support zones.
* Liquidation Heatmaps: These indicate where large clusters of leveraged long or short positions could be liquidated, potentially causing rapid price movements.
* Institutional Inflows: Continued buying from spot Bitcoin ETFs generally provides bullish support.
* Macroeconomic Data: Any major economic news, especially from the US (e.g., interest rate decisions, inflation data), can significantly impact crypto markets.
💡Disclaimer: These are predictions based on available information and technical analysis, but the cryptocurrency market is highly unpredictable. Always conduct your own research and consider the inherent risks before making a
ny investment decisions.
$BTC

TODAY AT 8:30 AM ET
Here is an update on CPI data, focusing on recent releases and expectations:
U.S. CPI Data (May 2025):
* Release date: The U.S. Bureau of Labor Statistics (BLS) released the Consumer Price Index (CPI) data for May 2025 on Wednesday, June 11, 2025, at 8:30 AM Eastern Time.