miracle7777
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Will Bitcoin break the 106 k$ mark tonight?
Current Situation
Bitcoin is trading around 107,500 USD, about 1.5% higher than the 106 k$ threshold. The price is in an accumulation range from 106 to 108 k$. Some technical indicators like long-term moving averages are supporting an upward trend; however, momentum indicators like RSI and MACD are giving unclear signals.
Important Price Levels
106 k$ is currently a strong support zone. If this level is broken, the price could drop to the 104–105 k$ range, or even lower if selling pressure increases. Conversely, if it holds above 106 k$, BTC could recover to the 108–110 k$ range.
Influencing Factors
Profit-taking pressure is increasing in the 106–106.5 k$ area, making the possibility of breaking this level noteworthy. However, if there is significant cash flow from ETF funds or institutional investors, the buying pressure will be enough to keep the price above this mark (this situation occurs when there is strong liquidation above, then organizations will pump heavily to push the price up to absorb the long liquidation orders).
Conclusion
The possibility of Bitcoin breaking 106 k$ tonight is entirely plausible, especially if the market lacks momentum or experiences slight sell-offs. However, if this level is well defended, Bitcoin could recover and continue its upward trend in the short term. Monitoring trading volume and price reactions around the 106 k$ mark will be crucial.
Prediction that BTC will drop to 106.8k soon to attract cash flow, possibly hitting 106.6k soon before pumping up. I will hold the position until it drops to 106.8k. Let's see.
Current Situation
Bitcoin is trading around 107,500 USD, about 1.5% higher than the 106 k$ threshold. The price is in an accumulation range from 106 to 108 k$. Some technical indicators like long-term moving averages are supporting an upward trend; however, momentum indicators like RSI and MACD are giving unclear signals.
Important Price Levels
106 k$ is currently a strong support zone. If this level is broken, the price could drop to the 104–105 k$ range, or even lower if selling pressure increases. Conversely, if it holds above 106 k$, BTC could recover to the 108–110 k$ range.
Influencing Factors
Profit-taking pressure is increasing in the 106–106.5 k$ area, making the possibility of breaking this level noteworthy. However, if there is significant cash flow from ETF funds or institutional investors, the buying pressure will be enough to keep the price above this mark (this situation occurs when there is strong liquidation above, then organizations will pump heavily to push the price up to absorb the long liquidation orders).
Conclusion
The possibility of Bitcoin breaking 106 k$ tonight is entirely plausible, especially if the market lacks momentum or experiences slight sell-offs. However, if this level is well defended, Bitcoin could recover and continue its upward trend in the short term. Monitoring trading volume and price reactions around the 106 k$ mark will be crucial.
Prediction that BTC will drop to 106.8k soon to attract cash flow, possibly hitting 106.6k soon before pumping up. I will hold the position until it drops to 106.8k. Let's see.
BTCUSDT
125X
Short
Unrealized PNL (USDT)
+255.15
+51.00%
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🧭 Bitcoin Price Analysis – June 2025
1. Market Situation
Bitcoin is fluctuating around **107,000–108,000 USD**, close to the previous peak of \~110,000 USD. The market shows signs of accumulation after the increase from the beginning of the year.
Support**: 103,000–105,000 USD
Resistance**: 108,000–112,000 USD
Technical indicators are neutral, with prices above short-term moving averages. The current trend is not clear.
2. Influencing Factors
**Institutional Cash Flow**: Bitcoin ETFs continue to attract significant capital from institutional investors, serving as a key support factor for the price.
**Macroeconomics**: Decreasing inflation and expectations of interest rate cuts help boost demand for risk assets like Bitcoin.
**Halving**: The reduction in mining rewards from 2024 decreases new supply, creating a scarcity effect.
**Market Confidence**: Bitcoin is increasingly viewed as a strategic asset, especially with the participation of financial institutions and some indirect recognition policies.
3. Price Scenario
If it surpasses 112,000 USD, the price could head towards 120,000–150,000 USD in the coming months.
If it consolidates, Bitcoin will fluctuate around 105,000–115,000 USD, reflecting a wait-and-see sentiment.
In a negative scenario, if it loses the 103,000 USD mark, the price could retreat to the 90,000–97,000 USD range before recovering.
4. Potential Risks
Negative Macroeconomics**: A weakening global economy or rising interest rates.
Weak Sentiment**: A sell-off may occur when prices are high and there is no further upward momentum.
Policy Risks**: Legal changes could affect capital flows into crypto.
1. Market Situation
Bitcoin is fluctuating around **107,000–108,000 USD**, close to the previous peak of \~110,000 USD. The market shows signs of accumulation after the increase from the beginning of the year.
Support**: 103,000–105,000 USD
Resistance**: 108,000–112,000 USD
Technical indicators are neutral, with prices above short-term moving averages. The current trend is not clear.
2. Influencing Factors
**Institutional Cash Flow**: Bitcoin ETFs continue to attract significant capital from institutional investors, serving as a key support factor for the price.
**Macroeconomics**: Decreasing inflation and expectations of interest rate cuts help boost demand for risk assets like Bitcoin.
**Halving**: The reduction in mining rewards from 2024 decreases new supply, creating a scarcity effect.
**Market Confidence**: Bitcoin is increasingly viewed as a strategic asset, especially with the participation of financial institutions and some indirect recognition policies.
3. Price Scenario
If it surpasses 112,000 USD, the price could head towards 120,000–150,000 USD in the coming months.
If it consolidates, Bitcoin will fluctuate around 105,000–115,000 USD, reflecting a wait-and-see sentiment.
In a negative scenario, if it loses the 103,000 USD mark, the price could retreat to the 90,000–97,000 USD range before recovering.
4. Potential Risks
Negative Macroeconomics**: A weakening global economy or rising interest rates.
Weak Sentiment**: A sell-off may occur when prices are high and there is no further upward momentum.
Policy Risks**: Legal changes could affect capital flows into crypto.
BTCUSDT
Short
Closed
PNL (USDT)
+328.23
+1.50%
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Tình hình này trong ngắn hạn BTC chắc vẫn side way 105k-110k trừ khi có thông tin xấu bất ngờ ms thủng được mốc 105k :(((( tầm này đợi chạm mốc 108k làm 1 short nhẹ là đẹp
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$PEPE very many scams to follow and click on the link to receive PEPE. In reality, there is no such thing, be careful not to get scammed
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$PEPE creates a base at 0.000008xx then jumps up to 0.000010xx is exactly the right move
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$TRUMP purchases less than 10 units countless times. Be careful, the spot eats up quickly even faster than when it goes up. At that time, people will write articles about spending 1 million dollars to buy from the beginning, and now having hundreds of millions of dollars =))) showing the enormous profit from cryptocurrency. But it's all hard-earned money, brothers :(
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