Crypto Game
  • Advertise
  • Submit a Press Release
  • Contact Us
Blockchain & Cryptocurrencies Tabloid
  • Finance & Blockchain News
  • Bitcoin News

    Peter Schiff Criticizes Bitcoin at Las Vegas Conference

    Peter Schiff Criticizes Bitcoin, Endorses Gold at Conference

    Paraguay’s President’s X Account Hacked, Bitcoin Scam Debunked

    BlackRock’s Bitcoin ETF Achieves $70B AUM Milestone

    Bitcoin’s Realized Cap Reaches Record $934.88 Billion

    Robert Kiyosaki Labels Bitcoin as People’s Currency Amid Riots

  • Altcoin News
    • All
    • Bitcoin Cash
    • Cardano
    • EOS
    • Ethereum
    • Litecoin
    • Monero
    • Ripple
    • Stellar

    Chainlink Enables Hong Kong-Australia Cross-Border Pilot

    Chainlink Aids Cross-Border Digital Transfers with Hong Kong, Australia

    Canary Capital Registers Staked Injective ETF in Delaware

    Canary Capital Registers Staked Injective ETF in Delaware

    Avalon Labs Burns 80 Million AVL Tokens

    Avalon Labs Burns 80 Million AVL Tokens

    Trending Tags

    • Ethereum
    • Bitcoin Cash
    • Litecoin
    • Monero
    • Ripple
  • Crypto 101
    • All
    • Cryptocurrencies
    • Exchanges
    • Services
    • Wallets
    Benefits Of Choosing the Right AI Trading Bot

    4 Benefits Of Choosing the Right AI Trading Bot

    Crypto Trading

    A Beginner’s Guide to Crypto Trading: Unlocking the World of Digital Coins

    BitcoinGames.com

    BitcoinGames.com Introduces the Ultimate Casino Gaming Experience with Bitcoin

    How AI is Helping Athletes and Fans Get the Most out of the Game

    From Training to Judging, AI is Entering the Ring

    Top 5 Websites for Buying Gift Cards with Crypto

    Clutch Savours – Gift Certificates You Can Buy with Crypto

    Layer 2 Blockchains

    Everything You Need To Know About Layer 2 Blockchains

  • Blockchain Events
No Result
View All Result
Blockchain & Cryptocurrencies Tabloid
No Result
View All Result

Bitcoin Price Set to Straddle Key Support Levels This Week

Solomon M. by Solomon M.
June 9, 2025
in Bitcoin News
Key Takeaways:
  • Bitcoin hovers near critical $104,823 support, poised for volatility.
  • Market sentiment remains cautiously optimistic this week.
  • Expert forecasts do not predict significant short-term swings.
bitcoin-price-set-to-straddle-key-support-levels-this-week
Bitcoin Price Set to Straddle Key Support Levels This Week

Bitcoin’s current trading around $104,823 on June 2, 2025, showcases market sentiment amid levels poised between $105,000 support and $110,000 resistance.

Macro implications and expert opinions suggest a volatile trading range, with Bitcoin not expected to rally beyond $110,000 imminently or drop below $100,000 without additional catalysts.

Bitcoin remains near critical levels, trading approximately at $104,823, with potential volatility. Recent analyses highlight $105,000 as a support. Notable figures maintain speculative long-term views, yet no evidence supports a dramatic short-term shift this week.

Key influencers, such as Jack Dorsey and Tom Lee, express long-term optimism but offer no immediate forecasts. Market dynamics show institutional sentiment as “cautiously optimistic”, with steady inflows but lacking dramatic shifts.

Markets watch for liquidity sweeps, with Bitcoin’s influence limited to related derivatives. No significant developer or regulatory movements have been reported, maintaining a primarily range-bound environment in the short term.

Historical data suggest volatility resurgence near past highs, with macroeconomic policy adjustments potentially impacting further rallies. Forecasts indicate a market guided by technical and fundamental catalysts.

“Bitcoin is responding to global liquidity, which is moving up. And I think it’s anticipating a dovish Fed next year, so that’s a tailwind for Bitcoin.” — Tom Lee, Managing Partner, Fundstrat

Institutional strategies emphasize cautious optimism, influenced by external factors like global liquidity trends and anticipated federal policies. Without significant market catalysts, short-term fluctuations remain bounded.

Disclaimer:

The content on The CCPress is provided for informational purposes only and should not be considered financial or investment advice. Cryptocurrency investments carry inherent risks. Please consult a qualified financial advisor before making any investment decisions.

Previous Post

The Blockchain Group Launches €300 Million ATM Capital Program

Next Post

Bitcoin Faces Critical Price Junction Amid Mixed Market Signals

Solomon M.

Solomon M.

Related Posts

Peter Schiff Criticizes Bitcoin at Las Vegas Conference

by Solomon M.
June 9, 2025

Economist Peter Schiff questions Bitcoin's value, favoring gold and commodities at Bitcoin 2025 in Las Vegas.

Peter Schiff Criticizes Bitcoin, Endorses Gold at Conference

by Anca F.
June 9, 2025

Critic Peter Schiff dismisses Bitcoin, labels it speculative, endorsing gold at a Las Vegas conference.

Paraguay’s President’s X Account Hacked, Bitcoin Scam Debunked

by Anca F.
June 9, 2025

Hackers hijacked President Peña's X account, falsely announcing Bitcoin as legal tender in Paraguay. Government swiftly debunks scam.

BlackRock’s Bitcoin ETF Achieves $70B AUM Milestone

by Solomon M.
June 9, 2025

BlackRock's Bitcoin ETF reaches $70 billion AUM, outpacing gold ETFs rapidly.

Bitcoin’s Realized Cap Reaches Record $934.88 Billion

by Solomon M.
June 9, 2025

Bitcoin's realized cap hits $934.88B, highlighting increased investor confidence and institutional interest.

Robert Kiyosaki Labels Bitcoin as People’s Currency Amid Riots

by Solomon M.
June 9, 2025

Robert Kiyosaki describes Bitcoin as 'people's money' during Los Angeles unrest, impacting market sentiments.

We Recommend

Top Rated Casinos
Bitstarz Casino

BitcoinCasino.io
Top Crypto Betting
1xBit.com
Top Rated Exchanges
Binance Exchange

Bityard.com
Top Advertising Services
Coinzilla Display Network
Top Crypto Wallets
Ledger Nano X

  • Terms and Conditions
  • Privacy Policy
  • Advertise
  • About Us
  • Contact Us

© 2018-2019 theccpress.com by Brantell Media.

No Result
View All Result
  • Finance & Blockchain News
  • Bitcoin News
  • Altcoin News
  • Crypto 101
  • Blockchain Events

© 2018 - 2019 theccpress.com, a Brantell Media project.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.