BTC Breaks $106K, Cryptocurrency Roller Coaster This Week!
Bitcoin price broke through the $106K mark on Sunday, June 8, though the top cryptocurrency has barely moved over the past seven days, gaining only about 1%.
As of 2:30 PM ET on June 8, crypto markets were up 0.84%, with a total value of $3.32 trillion. Bitcoin (BTC) is holding steady at $106,380 after crossing $106,000 this afternoon. It has made a small gain of 1% this week and is up 3.7% against the dollar over the past 30 days.
Recent moves in the crypto markets highlight the latest divergence between digital assets, with Bitcoin maintaining steady growth while certain altcoins are showing signs of explosive growth. Despite the overall optimism, notable declines in certain alternative tokens reflect their inherent volatility. This week’s dynamic action points to a shift in market focus and the ongoing uncertainty that exists as the market continues to evolve.
Friends who are trading buy-in must still be cautious! The current price level is likely to be unstable!
BTCUST trade ideas
How To: Avoid paying Taxes on my Trading Gains?***Make sure to read this through. At the bottom is an email you can fire off to your CPA as well as your funded broker with the right questions to get you started***
In the video above I gave you the thought process and questions that come to me from many people weekly. I want to share with you guys a method you can use which depends fully on weather its availble by your broker or not.
The Issue: I am getting payouts from my broker but I dont want to pay taxes on it. What do i do?
The Answer: There is no way to AVOID paying taxes but There are some questions you need to ask both your Broker where you have or will have your funded account, as well as ask your CPA if you are using one, which will or will not allow you to move your "GAINS" directly into an investment account without paying an INCOME tax.
Bare in mind, the bottom line is that if its possible for you to do this, youll most likely need to set yourself up an an 'entity' like an LLC or an S-Corp.
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Can you trade through TradingView using a funded account?
Yes. Most prop firms (like Apex, My Funded Futures, etc.) allow access to TradingView via third-party routing systems like Rithmic, CQG, or Tradovate.
Can you send trading profits directly into an investment account (e.g., with Fidelity or First Fidelity Trust)?
Not directly.
Most prop firms pay out to you personally via: ACH / PayPal / Wire
The payout is treated as income, not capital gains — you’re usually issued a 1099. So short-term capital gains don’t apply here — it’s contractor income.
Can you route those funds into an investment or retirement account?
Only indirectly, if you:
Set up a legal entity (LLC/S-Corp)
Prop firm allows payouts to that entity
Entity sends funds to a brokerage or retirement account
This gives you:
Tax management options
Ability to fund SEP IRAs, Solo 401ks, or other investment vehicles
Business deductions and better income structuring
Important: Not all prop firms support this. You must ask.
What happens if you just take the payout personally?
You’ll owe taxes on the income that year. If it's a large amount and you're not using any tax strategy, this can be a big hit — and you won’t be putting that money to work in a retirement account, which could have deferred or reduced the tax burden.
Why do traders want to route funds into investment accounts?
To defer taxes
To compound gains in tax-advantaged environments
To avoid having income hit their personal checking and be immediately taxed without structure
To separate business income from personal finances.
Who should you talk to?
A CPA who understands prop firm payouts + entity structuring
The prop firm support team
Your investment account provider (e.g., Fidelity, First Fidelity Trust)
If You’re Using Your Own Capital (Not Prop Firm Capital)
When you're trading from a cash account funded with your own post-tax money (like a personal account at Tradestation, Fidelity, Interactive Brokers, etc.), you're in a completely different tax situation compared to a funded prop account.
Im trading with a CASH ACCOUNT and this money was already taxed. Why am i paying more tax?
1. You’re Right: That Money Was Already Taxed
If you earned money through a job, business, crypto sale, whatever — and then you funded your trading account with it — yes, that money has already been taxed as income, capital gains, or whatever the original source required.
But…
2. Trading Gains Are Still Taxable — Separately
Once that taxed money is used to generate more money via trading, those gains are now a new taxable event. Here's why:
The IRS doesn’t look at “double taxation” in terms of the original dollar — it taxes the gain on that dollar.
For example:
You fund your account with $10,000 (already taxed)
You trade it up to $15,000
You now owe taxes on the $5,000 gain, not the $10,000 you started with
So no, you're not being taxed twice on the same dollar — you're being taxed on new earnings generated from that dollar.
3. Type of Tax Depends on Holding Period
Day Trading / Short-Term (< 1 year):
Taxed as ordinary income, same as your paycheck (could be 10–37%)
Long-Term Gains (1+ year):
Taxed at long-term capital gains rates (typically 0%, 15%, or 20%)
This only applies if you’re not trading inside a retirement account (IRA, 401k, etc.).
So What’s the Advantage in Routing Gains Into an Investment Account?
This is where people try to get clever.They want to avoid realizing gains in their personal account because:
It may bump them into a higher tax bracket
It may trigger estimated tax payments
It might disqualify them from certain tax credits
So the idea is:
“Can I send the profits somewhere else (like an IRA, trust, or investment vehicle) so I don’t get taxed now?”
Answer: Only if the gains were made inside that tax-advantaged account to begin with.
You can't trade in a regular brokerage account and then “move” those gains into an IRA to defer tax. That’s not how tax shelters work — they only protect gains earned inside them.
Does Being Self-Funded Change the Tax Situation?
Scenario = You fund trading with post-tax dollars ---- Not taxed again on that base
Scenario = You generate gains from trading ---- Yes, new taxes on new profits
Scenario = You want to avoid immediate taxation ---- Can't defer taxes just by moving profits
Scenario = You trade inside an IRA/401k ---- Gains tax-deferred or tax-free
Scenario = You trade through a prop firm ---- Income tax, no capital gains involved
----------Here is an email to get you started. Send this to your CPA and your Funded account broker----------
Questions to Ask Your Prop Firm (If Using Funded Accounts)
Do you allow payouts to a legal entity (LLC or S-Corp)?
Can payouts be directed to an investment firm or custodian?
Can the account be held in my entity’s name?
Do you issue 1099s for entity payouts, or only for individuals?
Are there limits or fees for routing payouts to a business or trust account?
BTC SHORT BEFORE ATHLooking to first short BTC toward the weak low we created during Friday's Asia session. Price left it exposed clean liquidity. If we get the right confirmations.The fake BOS that will take place if we move higher just adds more conviction to my play in the case we do first push towards the daily BPR.
This move would clear the path, set the stage, and potentially give us the entry conditions we want for the higher timeframe play. Where we will be looking for longs towards ATH.
For the HFTF view and what comes after, check the other chart I posted earlier same blueprint, just higher up the ladder.
BITCOIN → Correction. The hunt for liquidity...BINANCE:BTCUSDT.P is recovering after liquidity was captured in the 100K zone. Locally, the technical situation is controversial despite the global bullish trend
Bitcoin is changing its market character (106700) and breaking the bullish structure (103000) during a correction phase. As part of the downward momentum, the movement is testing liquidity below the 100700 support level. As for the liquidation, there are several reasons: the conflict between Trump and Musk, strangely enough, the market reacted with a fall; the liquidation of whales, history repeats itself...
Traders are buying back Bitcoin, but technically the market has a bearish structure. Locally, there is a bearish trend, and a countertrend correction, “liquidity hunting,” is forming.
Ahead lies a fairly important zone of 105900-106700. The initial retest may end in a false breakout, as there may not be enough potential for continued growth (after a strong buyback).
Resistance levels: 105,900, 106,720, 110,400
Support levels: 103000, 101400, 100K
After a correction from 105900, which could target half (0.5) of the trading range, the market may attempt to return to a bullish phase, provided that the bulls keep the price from falling and do not allow it to update local lows. That is, in the short term, I expect a decline from 105900 to 103000, but further, if the price starts to return to 105500-105900, there may be chances for growth to 110K
Best regards, R. Linda!
Trade #12: $BTC - Bullish Alignment Confirmed! Long Setup WatchRecap & Lesson Learned:
In Trade #11, I noted the daily structure was strongly bullish, but the 1HR chart was bearish. My expectation was for price to dip toward the 98,000 daily demand zone. However, the 1HR structure reversed structure before reaching that level — a reminder that markets don’t always follow our ideal path.
The Shift: Timeframe Synced = Conviction Amplified!
Now, BOTH daily AND 1HR structures are BULLISH and aligned. This synchronization signals robust momentum, and I’m positioned fully bullish — awaiting the right technical trigger to enter a long trade.
The Opportunity: Precision Entry at Demand
I’m eyeing the green demand zone near 106,500 for a potential long entry. This is where buyers previously stepped in aggressively, making it a high-probability reaction area.
Key Refinement: Patience & Confirmation
(Learning from Trade #11):
I will NOT enter blindly at 106,500. Instead, I’ll:
1️⃣ Watch price behavior for signs of strength
2️⃣ Confirm my entry criteria are met
3️⃣ Execute ONLY if evidence validates the setup.
Why This Discipline?
"It’s better to enter slightly higher WITH confirmation than chase a ‘sniper entry’ without confirmation."
No confirmation = No trade. Period.
My Plan:
WAIT for price to test ~106,500.
CONFIRM buyer strength and alignment with my rules.
EXECUTE a long position only if all boxes are checked.
Stay Alert, Stay Patient.
The trend is our friend — but only if we respect its rhythm. Updates to follow!
✅ Key Takeaways:
Daily + 1HR = Bullish Synergy.
Watch 106,500 for a confirmed long entry.
No confirmation = No trade. Discipline over FOMO.
BTC ANALYSIS (4H)Last week, Bitcoin made a sharp bullish move upward, aiming for retail liquidity, which made the forecast path more difficult.
The green zone is a support area where Bitcoin might react.
To collect the ATH liquidity, Bitcoin needs to break through the red zone.
Let’s see what happens | when the market direction isn’t clear, there’s no need to take unnecessary risks.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Bitcoin - Secret pattern no one talks about, drop below 100k!The price of Bitcoin is currently in a downtrend. We can see that the price is inside this secret descending channel that really no one talks about. As long as we are in this channel, Bitcoin remains bearish, and we can expect a huge drop in the short term! So what is the plan?
Currently I recommend entering a short position and taking profit at around the bottom of the previous symmetrical triangle. Do not forget that triangles always act like a magnet for whales! Usually the price wants to take liquidity above and below triangles, so be careful. There is an extremely high chance of sweeping liquidity below this symmetrical triangle. Triangles are also printed by the market maker to engage retail traders in trading.
The whole crypto market, especially Bitcoin, is manipulated by banks and huge institutions. They control the price and all movements on the charts, so you want to learn techniques on how to spot whale movements and where retail traders have their orders to become a successful trader! This can take a few years of education.
From the Elliott Wave perspective, it looks like we are ready for another leg down after the bears break the local red trendline. At this point, I marked it as a complex correction, but there are multiple scenarios on what could happen in the near future.
Currently I am bearish on Bitcoin and expect prices below 100,000. Always use technical analysis to confirm your bias.
Write a comment with your altcoin + hit the like button, and I will make an analysis for you in response. Trading is not hard if you have a good coach! This is not a trade setup, as there is no stop-loss or profit target. I share my trades privately. Thank you, and I wish you successful trades!
Is Bitcoin Ready to Launch? In-Depth Analysis of BTC, ETH, XRP, Hello everyone, I hope you're doing well.
Due to time constraints, I won't be analyzing each asset individually. Instead, I’ll provide a collective technical overview in this post.
This analysis includes the following cryptocurrencies: **Bitcoin, Ethereum, Ripple, Solana, Sui, and Chainlink**.
⚠️ **Please note:** On the **daily timeframe**, most of these assets are forming different patterns. However, the **weekly timeframe** provides a clearer and more reliable outlook.
---
### 🔍 **Technical Overview:**
📌 **Bitcoin (BTC)**
Currently forming a **"V" pattern**.
If BTC closes **above \$110,500 on the weekly timeframe**, the first target is **\$131,500**, and the second target is **\$165,000**.
📌 **Ethereum (ETH)**
Also in a **"V" pattern**.
If ETH closes **above \$2,833 on the weekly timeframe**, the first target is **\$4,200**.
📌 **Ripple (XRP)**
Forming a **bullish flag** pattern.
If XRP closes **above \$2.65 on the weekly timeframe**, the first target is **\$4.22**.
📌 **Solana (SOL)**
Forming a **"V" pattern**.
If SOL closes **above \$190 weekly**, the first target is **\$282**.
📌 **Sui (SUI)**
Also forming a **"V" pattern**.
If SUI closes **above \$4.26 weekly**, the first target is **\$6.97**.
📌 **Chainlink (LINK)**
Needs a **weekly close above \$18** to confirm breakout.
First target: **\$25**.
---
### 🧠 **Brief Fundamental Insights:**
* **Bitcoin** is being heavily accumulated by institutional investors and whales. On-chain metrics suggest we are **not at a cycle top**, and the ongoing **supply shock** and **massive exchange outflows** are strong bullish signs.
* **Ethereum** is under **strong accumulation** from both retail and institutional investors, as confirmed by recent **CoinShares reports**.
* **Ripple** is awaiting resolution of its ongoing lawsuit with the **SEC**.
* **Sui** is consistently rolling out updates and shows **unstoppable DeFi ecosystem growth**, giving it strong fundamental support.
* **Solana** is being accumulated by institutional players, including **SOL-specific strategies** and funds.
* **Chainlink** is seeing buying pressure supported by **positive news and strategic partnerships**, some of which are from **anonymous large players**.
---
🧠 Updated Fundamental Analysis (June 2025)
Bitcoin (BTC)
New Investment Record: In May, total investments in crypto funds reached $167 billion, with Bitcoin accounting for $5.5 billion, signaling strong institutional demand.
Institutional Buying Surge: ETF purchases, entries by institutions like Paris Saint Germain, and even countries like Pakistan have contributed to declining exchange reserves of Bitcoin.
Favorable Macro Conditions: Rising bond yields, stock market volatility, and a weakening U.S. dollar have made Bitcoin more attractive as a hedge asset.
Ethereum (ETH)
Consistent Inflows: Ethereum funds have seen seven consecutive weeks of capital inflows, with nearly $296 million added in the past week alone.
Institutional Confidence: Assets under management (AUM) in ETH funds have reached approximately $14 billion, indicating strong long-term faith by institutions.
Solana (SOL)
Strong Institutional Demand: Firms like Société Générale and Siebert Financial have recently invested in Solana.
On the Verge of ETF Approval: Franklin Templeton filed for a spot Solana ETF back in February, potentially boosting demand.
Whale & DeFi Growth: Increased whale activity, growing DeFi ecosystem, and rising developer engagement hint at a potential price rally to $200 and beyond.
Ripple (XRP)
While there is no major new fundamental data recently, the listing of XRP futures on CME and broader access for institutional investors may have a positive impact.
The ongoing legal case with the SEC remains a crucial factor in XRP’s future outlook.
Sui (SUI)
DeFi Expansion: Active daily users have grown by over 14%, and decentralized exchange volume has reached around $34 million per day.
TVL Growth: Suilend’s Total Value Locked (TVL) has hit $700 million, ranking 8th among all blockchains.
Institutional Attention: There are reports suggesting that an ETF for SUI may be under consideration, with on-chain utility continuing to expand.
Chainlink (LINK)
Collaboration with Major Financial Institutions: Chainlink is participating in CBDC pilots between Hong Kong and Australia, working with Visa, ANZ, and the Hong Kong Monetary Authority.
Ecosystem Growth: Development is supported via grants, like the $150K funding provided to Lightchain AI, strengthening Chainlink’s infrastructure.
Strategic Partnerships: Collaborations with JPMorgan, Ondo Finance, and Swift highlight Chainlink’s growing influence in connecting real-world data to blockchains.
BTCUSDTBTCUSDT price is now near the resistance zone 110259-112265. If the price cannot break through the 112265 level, it is expected that the price will drop. Consider selling the red zone.
🔥Trading futures, forex, CFDs and stocks carries a risk of loss.
Please consider carefully whether such trading is suitable for you.
>>GooD Luck 😊
❤️ Like and subscribe to never miss a new idea!
TradeCityPro | Bitcoin Daily Analysis #110👋 Welcome to TradeCity Pro!
Let’s dive into the Bitcoin analysis and major crypto indexes. In this review, as usual, I’ll cover the key futures triggers for the New York session.
⏳ 1-Hour Timeframe
As you can see in the 1-hour timeframe, Bitcoin formed a higher low yesterday and has now reached the 105087 resistance. It seems likely that this level will be broken soon.
✨ Currently, a candle has closed above 105087, but price hasn’t yet confirmed a breakout, and the move hasn’t taken off.
📈 For a long position, we can enter once the price confirms a breakout above this level. If 105087 breaks, price could target 106586. The main long position will be opened upon breaking 106586.
🛒 Strong buying volume is a very good trigger for this setup. RSI entering the Overbought zone would also provide a powerful momentum confirmation, and price could rise accordingly.
💥 If the current upward move fails and price falls below the recent low, we can open a short position upon breaking 103899, targeting 101750.
⚡️ The 53.49 level on RSI is critical — its break would serve as a strong confirmation for the short position.
👑 BTC.D Analysis
Looking at Bitcoin Dominance, yesterday it once again moved toward 64.67, but failed to break it and is now heading downward after being rejected from that resistance.
🔑 The trigger for bullish continuation remains 64.67, while 64.49 serves as the trigger for a bearish move.
📅 Total2 Analysis
This index formed a higher low at 1.13 yesterday and is now testing the 1.15 resistance. If this level breaks, the price could head toward 1.17 and 1.18.
📊 A break above 1.15 would be a valid long trigger. However, if price is rejected and moves downward, breaking 1.13 could send it back toward 1.1.
📅 USDT.D Analysis
USDT Dominance closed below the 4.79 level yesterday and is now moving toward 4.70. If this continues, the crypto market could see bullish momentum.
🧩 However, if dominance moves back above 4.9, the next bullish leg in USDT.D could begin.
❌ Disclaimer ❌
Trading futures is highly risky and dangerous. If you're not an expert, these triggers may not be suitable for you. You should first learn risk and capital management. You can also use the educational content from this channel.
Finally, these triggers reflect my personal opinions on price action, and the market may move completely against this analysis. So, do your own research before opening any position.
TradeCityPro | Bitcoin Daily Analysis #116👋 Welcome to TradeCity Pro!
Let’s dive into the analysis of Bitcoin and the key crypto indices. As usual, I’m going to review the futures triggers for the New York session.
✅ Yesterday, a very important event occurred: Israel launched a military attack on Iran, targeting not only military facilities but also residential areas.
⚔️ Leaving aside the fact that war is always a global tragedy, the fact that Israel also hit civilian zones shows that the tensions between these two countries have entered a new phase.
💫 In addition to civilian casualties, key commanders of the Iranian military were assassinated in these strikes.
🏳️ Most countries such as the United States, France, and most of Europe supported Israel in this conflict, while only North Korea and Russia backed Iran.
📊 Given these rising tensions and the cancellation of Sunday’s negotiations between Iran and the U.S., the likelihood of war between Iran and Israel has greatly increased following the resolution signed yesterday.
⭐ This development has caused safe-haven assets like gold to move upward, while risk-on assets like crypto have started to decline. As you can see, Bitcoin has been falling since yesterday.
⏳ 1-Hour Timeframe
On the 1-hour chart, as mentioned, after an initial correction to the 108436 zone, Bitcoin continued its decline down to 103606, breaking through the support level we had marked due to the war-related news.
✨ Currently, the price has found support at 103606 and has started a corrective phase. RSI has also exited the Oversold area and is now heading toward the 50 zone.
📉 In my opinion, under the current market conditions, we should wait to see how Iran reacts to Israel's actions. If war breaks out, Bitcoin is likely to drop again.
⚡️ Personally, I’m holding off on opening any positions until we get more clarity on the fundamental developments between Iran and Israel. I'm also not closing any of my longer-term positions that were opened in lower zones like 88k.
🔔 However, if you are looking to open a position, you could enter on a break below 103606. I don’t currently have a trigger for a long position and would prefer to wait for a proper structure to develop.
👑 BTC.D Analysis
Bitcoin dominance moved upward along with the market decline and, after breaking through 64.18, continued its bullish leg up to 64.85.
🧩 It has since begun a corrective phase after hitting that resistance. If this correction continues, the next zone to watch is 64.49.
📅 Total2 Analysis
This index also dropped alongside Bitcoin yesterday, falling from 1.18 down to 1.12 after triggering a short.
🔍 The price has since corrected up to 1.14. If a new bearish leg begins, we can open a short position on a break below 1.12.
📅 USDT.D Analysis
Tether dominance moved upward after triggering 4.68 and reached 4.89.
💥 If 4.79 is broken, the correction could continue. If 4.89 is broken, the next bullish leg in dominance will begin.
❌ Disclaimer ❌
Trading futures is highly risky and dangerous. If you're not an expert, these triggers may not be suitable for you. You should first learn risk and capital management. You can also use the educational content from this channel.
Finally, these triggers reflect my personal opinions on price action, and the market may move completely against this analysis. So, do your own research before opening any position.
Bitcoin Showing Bullish Intentions as Selling Pressure Weakens📈 Bitcoin Showing Bullish Intentions as Selling Pressure Weakens
In the last three 4H candles, we’ve seen a decline in volume alongside smaller candle bodies, even as the price has moved slightly lower. This typically signals weakening selling pressure and increasing bullish interest.
As long as price doesn't print a lower low below $105,500 and fails to break above $110,246, Bitcoin is likely building structure for a potential bullish breakout. If the current level holds and BTC begins to rally from here, the new higher low would likely be around $107,000 — reinforcing the bullish trend structure.
🧠 Key Insight: Wait for a clear long trigger before entering; the market is currently in a cool-off phase, not a reversal.
Bitcoin done and next target - $96,000⚡️ Hello everyone! Bitcoin reached $110,000 and everyone started celebrating. The market also rebounded slightly. But is everything really that great, and what's next for BTC?
Let's take a look:
Bitcoin is now undergoing a correction after reaching the $110,000 level. The rest of the market looks more buoyant than the first cryptocurrency. ETH is already trading at $2,700, pulling many altcoins with it. Apparently, position fixing in Bitcoin and liquidity spillover into altcoins have begun.
➡️ There is practically no liquidity left at the top. At the $110,000 level, only 100 million shorts were liquidated. According to the liquidation map, if the price drops to $100,000 right now, more than $10 billion in longs will be liquidated!
➡️ Two gaps have also formed below us: 102,800 - 96,990 and 93,310 - 88,470. And as we know, in 99% of cases, gaps close sooner or later.
⚙️ Metrics and indicators:
Money Flow - liquidity inflow is still positive overall. However, since May 22, profit-taking has continued and liquidity has been decreasing.
Volume - divergence in volumes. Purchasing power is weakening as prices rise, which means that there is little chance of moving much higher from these levels. There is still a lack of liquidity in the market.
Liquidation Levels - there are two more obvious short stop zones above. But globally, there is now much more liquidity below than above. So if we fail to consolidate above the $108,600 level, the market is likely to go lower.
DSRZ - the nearest strong support level is at 99,800 - 99,900. This is the first zone of potential price reversal back to growth in the event of a correction.
📌 Conclusion:
I continue to say that it is summer now and liquidity in the markets will be decreasing. No matter how good things look now. At the first signs of weakness, positions will be closed instantly. No one wants to spend their vacation days watching the market.
Especially in a market where any news from Trump can cause prices to drop by several percent in the blink of an eye.
⚠️ I see two options:
It will be an exceptional summer. Bitcoin will spend it in the range of 108,000 - 88,000. And in the fall, when everyone expects growth, it will begin to decline. This cycle is already different from others, so I wouldn't be surprised by that.
It will be a standard summer, and by July we will begin a slow and dull correction. To return to growth in the fall.
Write your opinion and have a good week, everyone!
Bitcoin Retests Broken Channel | Bounce to $110k?Bitcoin is currently retesting the broken downward channel. This selloff was a market shock reaction due to Israel's airstrikes on Iran. Price found support around $103k, at the daily timeframe 50SMA. The daily 50SMA also served as support in the previous drop to $100k last week.
In the chart's red circle is likely where many long leveraged positions had their stop losses or liquidation levels. We can safely assume this event was a liquidity hunt as Bitcoin remains strong above $100k. A healthy pullback to retest.
Historically, we have seen similar market shock selloffs like this. One example is the 1st of October 2024 Iran strikes on Israel. Bitcoin crashed 5% from $63k to $60k. What followed after was a recovery to over $100k, never seeing $60k again.
Will Bitcoin recover?
We still have multiple bullish developments. Institutions are becoming increasingly interested in Bitcoin, the US Bitcoin reserve, SEC x Ripple case settlement, SOL ETF approval, Fed rate cuts, among others.
Provided that the conflict does not escalate, once the market panic reaction is over, we can expect a healthy bullish continuation, as long as Bitcoin remains above $100k.
We also have a massive pool of short liquidity above $111k. Once we break above this level it will be a short-squeeze to $120k.
GME COLLAPSE - NET SELLOFF - MARKET ANALYSISGameStop (GME) is dropping in after-hours trading following its $1.3 billion convertible senior notes offering, which investors see as potential dilution. Similarly, Cloudflare (NET) is also falling due to concerns over its $1.75 billion convertible debt offering, which could impact shareholder value.
On the flip side, Oracle (ORCL) surged after reporting strong Q4 earnings, with cloud infrastructure revenue expected to grow over 70% in fiscal 2026. This could provide a tailwind for the broader cloud sector.
The market’s pullback today was much needed, with many stocks retesting key breakout zones
BTC - Be mindful of resistance around 109,800 to 110,000Per my second last post about this red trendline - be mindful that there is a resistance located 109,800 to 110,000 zone.
Although Bitcoin can break above, that doesn’t mean the resistance is invalid. Price will weave above and below until it sticks and plays out.
Personally I watch these levels for sudden fast movement and confirmation that it’s holding as resistance.
If you see a fast drop initiate from these levels, be mindful that this could be indicative of intention to hit the lows around 20,000.
For more information see my previous posts.
Happy trading
$BTC/USDT MAJOR PUMP? or MAJOR DUMP?BTC, the worlds biggest and fastest growing coin. With a market cap in the Trillions, we are facing a major moment.
Will price dump? or will it pump and go above and beyond.
Lets find out in this analysis!
1. Trend Overview
HTF Bullish:
Price remains above the long-term bullish trendline, showing strong macro support.
Recent price action is consolidating within a major supply zone and liquidity cluster — signaling indecision before a breakout or breakdown.
📈 2. OBV (On-Balance Volume) Analysis
OBV is coiling in a symmetrical triangle, indicating a volume squeeze.
This tightening range typically precedes a major breakout or breakdown, matching the price consolidation near resistance.
🔄 Market Structure
Price has formed a potential top just under the supply/liquidity zone (~$110,000–$112,000).
Swing High is defined just below $112K.
Key structure zones are:
Resistance zone at current levels.
Support zones:
1D FVG ($97K) and Weekly FVG ($87K–$93K)
🟪 Supply & Demand Zones
Supply Zone: $100k - $112k — multiple rejections here indicate this is a key short-term ceiling.
Demand Zone: Deep support between $50-$57K, aligns with trendline and historical value area.
🔵 Fair Value Gaps (FVGs)
1D FVG: $97K area — may act as magnet if price breaks below resistance.
1W FVG: $87K–$93K — stronger structural level to watch.
If both are filled, price may meet the bullish trendline around $90K.
🧠 Liquidity Zones
Above current price: ~$112K is marked as a liquidity grab area — stop hunts may occur before major reversal.
Below: FVG zones could trigger a liquidity sweep downwards before reversal.
🔴 Volume Profile
Strong high-volume node (HVN) around $80K–$97K: acceptance zone, likely to act as magnetic support.
Above $110K is a low-volume node (LVN): if broken cleanly, price may accelerate quickly toward $120K+.
✅ Bullish Scenario
Break above $112K → sweep liquidity → continuation toward $120K–$125K. (Price Discovery)
OBV breakout upwards would confirm.
Hold above FVG 1D if retested = healthy bullish continuation structure.
❌ Bearish Scenario
Rejection at supply → drop to FVG 1D ($97K), then potentially Weekly FVG (~$93K).
If OBV breaks downward, it confirms bearish volume divergence.
Breakdown below trendline could target deeper into demand zone (~$70K+).
📌 Summary
Bias: Neutral-bullish short term, bullish macro (above trendline).
Key Breakout Level: $112K.
Critical Support: $91K–$97K (FVG cluster).
Confirmation: OBV breakout + clean structure break.
Invalidation: Weekly close below long-term trendline and FVG zones.
Bitcoin (BTCUSDT) - Price Consolidating Inside Sym. Triangle - DBITCOIN (BTCUSDT) price has recently bounced up from above the 50EMA (yellow line).
Since May 2025, price has been consolidating sideways and has now formed a symmetrical triangle (blue lines). 10% to 20% volatility could be incoming for Bitcoin this summer.
The key resistance prices that Bitcoin has yet to breakout above are: $110000, $112000, $115000, and $120000+.
Support prices are holding at this time, such as $105000, $104000, $102000, and $100000, $95000.
If price holds above $100,000 to $105,000, there is still a chance that Bitcoin can continue to uptrend and rally higher this year in 2025.
However, if $100,000 price and support levels are lost, a new downtrend could occur and price could possibly test the 200EMA zone (red line).
Bitcoin trades sideways as Trump blames Powell again!
U.S. President Donald Trump has repeatedly criticized Federal Reserve Chairman Jerome Powell for not cutting interest rates over the past few months.
Last month, the Federal Reserve kept the target range for the federal funds rate between 4.25% and 4.5%, citing "inflation still somewhat elevated," as explained in its official statement. And now, with the central bank's June 17-18 meeting approaching, President Donald Trump has made his point without mincing words.
"ADP data is out!!! It's 'too late' Powell has to cut rates now," the president posted on Truth Social. "He can't believe it!!! Europe has already cut nine times!"
Indeed, in a press release released Wednesday morning by Roseland, New Jersey-based staffing firm ADP, the private sector created just 37,000 jobs in May, the slowest pace of hiring in more than two years. Bitcoin was largely flat following the news, fluctuating around the $105,000 threshold throughout the morning. But stocks were slightly higher, with the S&P 500, Nasdaq and Dow Jones up 0.23%, 0.35% and 0.10%, respectively, according to CNBC.
Bitcoin fell slightly by 0.70% over the past 24 hours, trading at $105,234.99 at the time of reporting. The cryptocurrency has lost 2.08% over the past week, with price action today mostly limited to between $104,232.70 and $106,457.19. The entire cryptocurrency market also fell by about the same percentage — 0.72%, according to Coinmarketcap.
Trading volume fell by 6.15% to $44.48 billion as momentum across sectors cooled. Bitcoin’s market cap fell by 0.82% to $2.09 trillion, with its dominance falling by 0.16% to 64.06. BTC futures open interest also fell 2.02% to $70.58 billion, indicating an exit from leveraged bets amid weak price action.
Liquidation activity was significantly lower than usual, with just $62,970 of positions liquidated in the past 24 hours, according to data from Coinglass. However, longs accounted for $56,780 of that total, again putting bulls on the wrong side of the latest market move. Short positions were liquidated for a smaller amount, at just $6,190.