Bitcoin: Firm supports, play the breakout or dip ahead of CPI

• Structurally bullish momentum across all timeframes. No bearish divergence or signs of capitulation detected.
  
• Major supports: 108,291.5; 106,743.9. Key resistances: 109,997.81; 111,949.
  
• Normal volume, robust buying dynamics without climax, no excess in the flows.
  
• Risk On / Risk Off Indicator : “Strong Buy” signal from 1D to 1H; only M15 is neutral (micro-consolidation).
  
• No exhaustion or massive profit-taking behaviour. ISPD DIV neutral across all timeframes.
  

• Overall bias: Structurally bullish, strong momentum, no imminent major reversal. Possible consolidation ahead of US CPI.
  
• Risk zones: 109.9k–111.9k (historic resistance), key macro event June 11 (CPI).
  
• Catalysts: US inflation figures (CPI), Fed speeches, low implied BTC option volatility.
  
• Action plan: Buy on retracement towards 108.2k/106.7k, or confirmed breakout >111.9k; technical stops below 108.2k & 106.7k; trim risk before CPI if actively managing.
  

1. 1D: Approaching historic resistance, “very strong” trend, no weakness detected.
   
2. 12H/6H/4H: Strong buying pressure, full indicator alignment, close to a break/rejection at 110–111k.
   
3. 2H/1H: Persistent intraday momentum, no bearish alert, moderate to dynamic volumes (notably 2H).
   
4. 30min: Healthy trend, buying pressure, no sign of topping out. Squeeze scenario possible if broken.
   
5. 15min: Neutral phase, micro-consolidation with supported volume, swift resumption possible post-break resolution.
   
6. Risk On / Risk Off Indicator: Strong Buy on all timeframes except 15min (neutral/short pause).
   
7. ISPD DIV: Neutral everywhere, environment supports bullish trend continuation.
   
8. Volumes: Normal to moderate, no distribution alert or bull trap detected.
   

• Primary trend: Structurally bullish, strong multi-timeframe confluence.
  
• Key signal: Accumulation on support, breakout/extension to be considered only on significant volume.
  
• Opportunity: Entry on technical pullback (108.2k/106.7k) or confirmed breakout (>111.9k), swing target 115.4k
  
• Critical risks: US CPI release, extended resistance, hidden volatility
  
• Risk management: Stop below 108.2k/106.7k, reduce cash risk ahead of macro events as needed.
  

Summary: As long as 108.2k-106.7k support holds, pullbacks are buying opportunities. Strong conviction for upside if 111.9k is broken. Anticipate volatility around US CPI.