Bitcoin $ 107,000 is annoyed with the resumption of trade talks between the United States – China, KAIA, SPX Lead gains

Bitcoin extended its recovery during the weekend until Monday, with the support of macro winds that raised the broader risk morale.

Market morale improved sharply, as the fear and greed index rose from 46 by 6 to 5 June by June 10, the highest level in early June.

Throughout the same period, the total number of the encryption market jumped by 5.8 %, increasing from $ 3.28 trillion to $ 3.47 trillion with capital flow to digital assets.

Altcoin markets also turned at the time of writing this report, with gains throughout a number of encrypted currencies 99.

Why does Bitcoin rise?

The last bitcoin gathering comes amid renewed optimism about the results of high risk trade talks between the United States and China.

While officials from both sides meet in London today, the markets hope for signs of tensions in the face of a long tariff.

The talks led by US Treasury Secretary Scott Beesen, Houard Lottennik, and Commerce representative, Jameson Jarir, are expected to focus on the main tariff barriers affected by global trade.

Traders closely monitor any post -preparation data from President Donald Trump, who last week referred to confidence, saying: “The meeting should go very well.”

Meaningful penetration can help stabilize risk morale, as bitcoin is increasingly seen as a hedge against total economic uncertainty.

For many, the success of the Sirkel list is a broader vote for confidence in the digital asset industry.

Beyond political geography, the institutional wires also work to enhance recovery.

Circle, USDC, officially traded on the New York Stock Exchange last week and saw an overwhelming demand that forced the believers to increase the size of the offer by a third ..

The first long -awaited general appearance is seen as a vote on confidence in the infrastructure of digital assets, which enhances investor morale on Crypto integration with traditional financing.

In another major development, the Blockchain group, a company based in Paris itself as the first company for the Bitcoin Ministry in Europe, announced plans to raise more than $ 340 million to expand its BTC’s possessions, just one week after Bitcoin purchased $ 68 million.

Together, these Bitcoin stimuli helped restore momentum after a decrease last week.

If the total conditions continue to stability, analysts say BTC can test resistance levels soon last before the last recession.

What is the following for Bitcoin?

Bitcoin managed to exceed $ 106,000 during the weekend and reached $ 107,000 on Monday, before facing the seller’s pressure near the main resistance.

BTC/USD is brought near the opening level, which effectively represents a full circle recovery that traders say can carry technical importance.

Rikt Capital analyst noted that Bitcoin has broken the declining direction for two weeks and has set 106600 dollars as a major resistance level that must be fluctuated to support.

At the time of writing this report, Bitcoin had moved above this level, and the sure daily closure may help consolidate stronger bullish bias.

Bitcoin’s last performance also celebrated its fourth weekly consecutive in The Green.

Rekt Capital pointed to $ 104,400 as an important level of contract, although the final bull market structure still seems to be developing.

Others see signs that Bitcoin may build strength after its last decline to $ 100,000.

Trader Cryptking described the current structure of Bitcoin as “calm before the storm”, noting that Bitcoin was pressing just less than $ 107,800 in what they described as classic volatility, with a higher decrease, dull size, and RSI refrigeration that indicates that the collapse can be imminent.

BTC/USD scheme for one day. Source: Cryptking/X

Market participants closely monitor liquidity patterns. During the past month, the price of Bitcoin was often sharp in both directions to take advantage of thick liquidity areas.

Daan Crypto Trades said that the $ 100,000 sign is now the main level of watching the negative side, warning that the break below may really “accelerate” the correction.

However, they also informed the oud liquidity near its highest levels ever at $ 112,000 as a potential goal if the bulls maintain the momentum.

Beyond technologies, the total factors are expected to affect the path of bitcoin.

The issuance of inflation data in the United States this week, including May CPI and PPI on June 11, will be a decisive scale in market morale.

Although inflation gradually slowed in 2025, federal reserve officials remained hesitant to adhere to price discounts.

This frequency has sparked criticism from President Trump and left risk assets monitoring with concern the next step for the Central Bank.

According to the Fedwatch for the CME group, the markets do not expect a reduction in FOMC meetings in June or July.

However, the possibility of lowering 25-Basis in September is still open.

Analysts say that any signs of the most enlarged inflation can refresh the most flexible monetary policy expectations, which are likely to serve as the back wind of bitcoin and other risk assets.

According to Swissblock, a private wealth management company, it can “launch inflation data due this week” volatility “through risk markets.

On June 9 mail In X, the company noted that although Bitcoin Bulls “slowly rebuild the structure and reassemble their ranks”, a short -term decline remains to a range of $ 104,000.

This cautious view was echoed by Mickybull Crypto, which indicated the formation of the head and shoulder emerging on the daily chart.

The analyst expects a possible decline to 101,500 dollars before any renewed batch to high levels of fresh.

Some analysts argue that any short -term negative side is unlikely to affect the long -term trend.

SUPERBRO fellow indicated that Bitcoin has now been held above the highest weekly closure of 2021 for four consecutive weeks and has not been less than five weeks since early May.

According to the analyst, these structural signals indicate that “the bulls are fully controlled”, and once bitcoin is decisively broken in the long -term direction line that extends to 2021, the following leg can rise to the range between 140,000 and 150,000 dollars.

ALTCOINS recovery

Over the past 24 hours, the maximum Altcoin market initially decreased by 3 % to $ 1.3 trillion before recovery to $ 1.35 trillion, which represents a 0.75 % increase during this period.

The relatively flat movement came when the Altcoin season index rose to 29, as it rose from 22 days ago, indicating a slight weakening of Bitcoin’s dominance.

ETHEREUM (ETH), the largest altcoin, increased by maximum market, by 0.85 % during the past day for trade at $ 2541 at the time of writing this report.

Other main altcoins such as Solana (SOL), DOGECOIN (DOGE), Cardano (ADA), HyperleLequid (HYPE) (HYPE) gains ranging from 0.5 % to 7 %, while XRP (XRP) and TRX (TRX) slight losses of 1.1 % and 0.76 % respectively.

Kaya led the Altcoin Rally by about 20 % gains, followed by Fartcoin (Fartcoin) and SPX6900 (SPX), which increased 13.7 % and 13.3 %, respectively.

see below:

source: Coinmarketcap

Kaya was pumped today after the Layer-1 Blockchain team announced plans to launch Stablecoin associated with the South Korean victory, shortly after the country’s new leadership took office.

The new government pledged to support the encrypted currency industry.

Fartcoin (Fartcoin) extended its gathering that started on June 6 after Coinbase announced plans for a possible listing.

Meanwhile, the gains of SPX6900 (SPX) came after a hidden publication from FIAT to Crypto Onraamp Moonpay, which sparked noise about possible integration.

The rally also gained momentum after surpassing SPX Bonk in the maximum market, which is likely to be seen as a thunderbolt mark among merchants.

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