5 Critical Insights about Bitcoin This Week: The Price Braces for Breakout or Breakdown

Bulls vs. Bears: 5 Critical Insights about Bitcoin This Week

The cryptocurrency landscape remains as active as ever, as global financial markets navigate a surge of macroeconomic uncertainty and fluctuating investor sentiment. Central bank decisions, inflation data, and fluctuations in the technology sector have brought digital assets, particularly Bitcoin, back into the spotlight due to their impact on capital flows.

The flagship cryptocurrency, Bitcoin, continues to maintain stability at the $100,000 psychologically crucial milestone. At the moment, bulls and bears are engaged in combat at this price level. Bitcoin is trying to regain momentum following a steep decline earlier in the month. Traders are keeping a careful eye on this crucial support area for indications of a longer-term bullish breakout or a more significant correction. That’s why it’s important to understand the five key factors influencing Bitcoin’s movement this week.

BTC Eyes Breakout After Four Straight Weekly Gains

Before sellers showed up before the weekly close on June 8, Bitcoin was able to surpass $106,000. Data from TradingView and Cointelegraph Markets Pro indicates that, despite the week’s volatility, the BTC/USD pair nearly completed a full circle to maintain its weekly open position. This affects market watchers who are eager to see proof of price strength following a retest of the $100,000 support level.

On the other hand, Rekt Capital, a trader and analyst, saw a mixed outcome because $104,400 remained in play. Although BTC/USD closed higher for the fourth consecutive week, there was still no complete bull market recovery.

Bitcoin has broken its two-week Downtrend (light blue). Now, Bitcoin is trying to challenge the $106600 resistance (black). Some light rejection here would be normal. But the goal is for Bitcoin to Daily Close above black for continued bullish bias.

Rekt Capital

Exchange Liquidity Signals Mounting Risk for Bitcoin’s $100K Support

Recent analyses of the price of Bitcoin have placed a strong emphasis on exchange order book liquidity. In an attempt to grab areas of thickening liquidity, the market movement has seen abrupt surges higher and lower throughout May and June. These patches are frequently speculative attempts by high-volume traders to steer the price in one direction or another rather than being organic. As a measure of the market’s ability to withstand lengthy liquidation risk, all eyes are now on the $100,000 mark.

The $BTC Liquidation chart is telling the same story as the charts where the big liquidity clusters are lining up nicely with important key levels. Below $100K and Thursday’s low is where things can really accelerate and see continuation of this current correction.

trader Daan Crypto Trades

All Eyes on the Fed: CPI and PPI Data Could Shape June Rate Decision

Some traditional inflation indicators appear in the final week prior to the Federal Reserve‘s June interest rate meeting. June 11–12 marks the release of the May Consumer Price Index (CPI) and Producer Price Index (PPI) prints, the latter of which will include unemployment statistics. Even if inflation has been declining through 2025, the Fed will be the focus of attention because officials have refrained from lowering rates, which would be a major boost for riskier assets like cryptocurrency.

Will Short-Term Bitcoin Holders Dump at Break-Even?

The speculative investor base of Bitcoin is still being watched as a possible cause of short-term price volatility. Short-term hodlers’ (STHs’) profitability reaches a point where it tempts them to sell or reduce their exposure to Bitcoin. On-chain analytics platform CryptoQuant identified one such level as being precisely around Bitcoin’s local high into the weekly close in one of its “Quicktake” blog entries on June 8.

A short-term holder sitting on a loss tends to panic. So, when the price gets back to their break-even level, they might say ‘this much risk is enough for me’ and hit the sell button — turning that zone into potential resistance (like $106.2K).

contributor Burak Kesmeci

Trump vs. Musk: Social Media Feud Could Mark Turning Point for Bitcoin

The worst of the BTC price may be gone, according to research firm Santiment, which could be good news for Bitcoin bulls. The crowd’s actions, as well as those of US President Donald Trump and Elon Musk, are the cause, it claimed. As the two resorted to social media to trade jabs in what has been described as the end of their political partnership, the decline in the price of Bitcoin increased. According to Santiment, the fiasco might already have turned into a case of “sell the rumor, buy the news.”

The public downfall of Donald Trump’s and Elon Musk’s relationship has generated many polarizing reactions from the crypto community. While others may see it as nothing more than petty drama, others are showing legitimate fear that the two powerful pro-crypto individuals being at odds will create a long-term bearish outcome.

Santiment

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