🚀 Bitcoin near USD 109,000: Is it heading for the next record?
At noon today, Bitcoin is trading at USD 108,674, with an intraday peak of 108,683 and a low of 105,426, reflecting an increase of +2.2% since yesterday's close.
🔍 Technicals on point • Bitcoin has regained the daily EMA-20 after testing the EMA-50, breaking the bearish trend of the month. • The next technical target is at USD 109,400: a weekly close above would confirm a strength signal. Likewise, 106,500 is a key psychological and technical resistance.
🌐 Environmental factors • The rally coincides with increases in the S&P 500 (+1.3%) and optimism following Circle's IPO, which is boosting confidence across the crypto sector. • Additionally, there is anticipation for inflation and PCE inflation data in the U.S. this week, which could affect the global risk trend.
🛠 Institutional catalysts • Demand for Bitcoin spot ETFs remains strong: active but fluctuating flows, with recent outflows of USD 47 million from BlackRock. • Moreover, the ARK-21Shares ETF will do a 3-for-1 split on June 16, a move to make it more accessible. • Countries like the U.S. are advancing with strategic BTC reserves (200,000 BTC) since March.
📈 What to watch? • Critical support: USD 105,000–106,500 — holding this zone maintains the bullish structure. • Immediate resistance: USD 109,400 → then USD 111,970 (historic high from May). • Key events: inflation data this week + ETF split on June 16.
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🧭 Quick conclusion
Bitcoin is consolidating a strong technical rise, with clear macro and institutional support. If it surpasses USD 109,400 with volume, it could challenge its historical peak of USD 111,970. But if it breaks below USD 106,500, we could see a correction towards USD 105,000.$BTC
🚀 XRP kicks off the week with strength: Is a break of USD 2.30 coming?
This Monday, June 9, XRP is trading at USD 2.26, with a slight intraday pullback from the high of USD 2.29. Despite this, the token has shown a firm recovery of 10% since Friday.
The market is attentive because a double bottom has formed at USD 2.10, and if it breaks strongly above USD 2.30, it could aim for USD 2.60 and, later, USD 3.30.
But it's not just technical analysis. There are strong fundamentals behind this movement: • XRP has been included in the Nasdaq Crypto Settlement index, giving it institutional visibility. • On June 16, the SEC must present updates in its case against Ripple. The market is betting heavily on a favorable resolution. • Polymarket already reflects a 98% probability that a spot ETF for XRP will be approved.
In parallel, CME has already listed futures on XRP, and projects like Ripple's RLUSD are gaining traction, especially in Dubai.
📈 What to watch? • Key support: USD 2.10 • Immediate resistance: USD 2.30 • Target in case of a breakout: USD 2.60–3.30
🟡 Watch out for June 16, because it could change the entire outlook for XRP.
The price of $BTC is around 107,200 USD, following a recent recovery from ~ 100,000 USD. Additionally, in the last two weeks, inflows into ETFs have increased and a Strategic Bitcoin Reserve project was activated in the U.S..
Technically, BTC remains close to intraday highs of 107–108 K, and several analysts warn that a sustained break above 108,000–109,000 USD could trigger a rise towards 120,000–145,000 USD in the coming months (Scaramucci even mentions 200,000 USD by the end of the year). In my opinion, as long as it stays above 105,000 USD and institutional inflows continue, the bias remains bullish.
Today I operated $SOL when it was at **~ 155 USD**, taking advantage of a correction of -13 % from levels of 178 USD. The technical analysis on CCN shows that SOL formed a cup-and-handle pattern on its daily chart, which could enable a recovery towards 159 USD and even project a rise to ~ 170 USD in the short term, as long as the support at 150 USD is maintained. Intraday I used a dynamic stop below 150 USD to protect the position. Now I'm watching if it breaks the 12 EMA over the 26 on the 4h chart, a signal of new strength.
Trade conversations between the United States and China always have a direct impact on financial markets, including crypto. Whenever progress or tensions are announced, we see significant movements in assets like BTC and ETH. Now more than ever, international politics and economic relations between powers influence our investment decisions. Personally, I believe that if a positive agreement is reached, we could see a bullish momentum in several pairs. If, on the contrary, tensions escalate, the market could seek refuge in decentralized cryptocurrencies.
Bitcoin remains the king of the crypto market. Beyond trends with memecoins or new networks, BTC maintains its position as a digital store of value. This year we are seeing it consolidate above 60k, and many analysts project that it could break 80k if institutional demand remains. Personally, I have a part of my portfolio in BTC as a safeguard, and another more dynamic part for trading altcoins. I also closely monitor on-chain movements, such as BTC exits from exchanges, which usually anticipate price increases.
Some time ago, I opened a long position in BTC when the price retraced to 98000. I used basic technical analysis: previous support zone and RSI at low levels. I set a take profit at 105000 and a tight stop loss at 97500. The trade closed with profits in a matter of hours or a few days. For me, the most important thing is to have a clear strategy and not to trade impulsively. I learned that less is more: I prefer to make 2 or 3 good trades per week rather than buying and selling all day. How do you manage your trades?
South Korea is one of the most advanced countries in terms of crypto adoption, but it also has some of the strictest regulations. Exchanges must comply with identity verification (KYC) requirements, licenses, and financial compliance standards. This has its pros and cons: on one hand, it protects users; on the other, it may limit participation in some projects. In recent months, there has been a lot of talk about new laws that could affect staking and asset custody. It will be interesting to see how the Asian market adapts to these changes.
Reading charts is a fundamental skill for any crypto trader. Technical analysis is based on interpreting candles, trends, supports, and resistances. One of the most common charts is the candlestick chart, which shows the opening, closing, highs, and lows over a period. Additionally, indicators like RSI, MACD, or moving averages help make more informed decisions. For example, if the RSI is above 70, it may indicate that an asset is overbought. I usually use the 50 and 200 moving averages to detect trend changes. Studying charts gives you an advantage!
We all make mistakes when starting in the world of trading, and learning from them is part of the process. One of the most common mistakes is trading without a stop loss, which can lead to significant losses. Another very common mistake is panicking during a market drop or being driven by FOMO. I myself once bought an altcoin without researching and lost 40% in a few days. Since then, I always conduct analysis and set clear goals before entering a trade.
Trading commissions are a key factor that affects your profitability. In Binance, for example, the standard fees are 0.1% per transaction, but you can reduce them by using BNB for payment or leveling up with more trading volume. There are also differences between spot, margin, or futures trades. Additionally, in DEXs, network fees can be higher, especially on congested blockchains like Ethereum. Always check the fees before making a swap or trade. A small detail can make a trade unprofitable.
Security is one of the most important topics in crypto. Using 2FA (two-factor authentication), not sharing your private keys, and operating from secure devices are fundamental practices. Many users lose funds due to phishing or by trusting fake links. Binance offers tools like email verification and the anti-phishing code to protect you. Additionally, it's a good idea to use cold wallets if you are going to hold long-term. Education in security can make the difference between being at ease or suffering an irreparable loss.
A trading pair represents two currencies that are traded against each other. For example, BTC/USDT means that you are buying or selling Bitcoin using USDT as the base currency. There are major pairs like ETH/BTC or BNB/USDT, and also cross pairs with lesser-known altcoins. Choosing the right pair can affect your profitability. Some pairs have better volume or lower spread. I usually trade BTC/USDT because it is the most liquid, but I also like to look for opportunities in pairs like OP/USDT or LINK/ETH.
Liquidity is key for any market, but in crypto, it is even more important. Basically, a liquid market allows you to buy or sell assets without causing large changes in price. If you try to sell a crypto with low liquidity, you will likely have to accept a lower price. Binance, for example, has high liquidity in pairs like BTC/USDT, which ensures better order execution. Additionally, when there is high liquidity, the spread (the difference between the buying and selling price) is smaller. For active traders, this can make the difference between a profitable trade and a loss.
Understanding the types of orders is fundamental to trading intelligently. The most common are: market order, which is executed at the current price; limit order, which is executed only if a specific price is reached; and stop-limit, which is triggered when a certain trigger price is reached. For example, if you buy BTC at $65,000 and want to protect yourself from a drop, you can set a stop-limit to sell if it drops to $63,000. This helps you limit losses without having to watch the market all day.
In the crypto ecosystem, exchange platforms are divided into two main groups: CEX (centralized exchanges) like Binance, and DEX (decentralized exchanges) like Uniswap. CEXs usually have higher liquidity, customer support, and a user-friendly interface. On the other hand, DEXs offer more privacy and control over your funds, but they can be more complex for new users. Personally, I prefer CEXs for daily trading, but I turn to DEXs when I want to make a quick swap without KYC. Which do you prefer?
In the world of crypto trading, there are different types of operations that every user should know. The most common are spot trading, where you buy or sell cryptocurrencies at the current market price; margin trading, which allows you to trade with borrowed funds; and futures trading, where you speculate on the future price of an asset. Each type has its level of risk and complexity, and it is key to understand them before investing. For example, in futures trading you can make a profit even when the market falls, but losses can also be greater. Which one do you use and why?
XRP in Focus: Ripple Launches Stablecoin RLUSD and Whales Accumulate Despite Bearish Signals. 📌 Ripple took a key step this week by launching RLUSD, its new stablecoin backed 1:1 in USD and designed to integrate directly into the XRP Ledger.
✅ In just a few days, RLUSD reached its all-time high market capitalization, demonstrating strong demand within the DeFi ecosystem.
💸 Meanwhile, despite a "death cross" detected in 4-hour charts (a classic bearish signal), the whales did not shrink: they bought over 190 million XRP in just 7 days.
🔍 What does this mean? • Whales are betting on a reversal. • The market is expectant for a strong movement. • The launch of RLUSD strengthens the usability of the XRP Ledger.