Main points:
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Bitcoin is in line with the lowest low levels amid a decrease in the relative strength index and a re -test of $ 100,000.
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Merchants do not have a little hope to recover BTC fast prices and return to higher levels, as Trump has disturbed uncertainty.
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American labor market data due to the injection of fresh fluctuations on June 6.
Bitcoin (BTC) returned to $ 103,000 before Wall Street opened on June 6 and markets from sudden losses.
Trader: BTC PRICE “began to collapse”
Data from Cointelegraph Markets Pro and TradingView BTC/USD showed that the upward trend is to be reflected at $ 100,500 in daily closure on June 5.
The general argument between US President Donald Trump and the CEO of Spacex El Musk was behind the fluctuation, as the latter’s allegations have caused more than $ 300 million in the encryption qualifiers.
Although Bitcoin received $ 100,000 support, the event has exacerbated the current concerns about the depths of the BTC prices.
For Roman merchants, the BTC/USD chart had a “high” “frame” dumping signs throughout it.
“$ BTC collapsed!” Tell the followers about a continuous analysis on X.
“You look at 95 thousand and perhaps less. It depends on what happens when we merge.”
Trader Fellowship agreed to a chance of the levels below $ 100,000, and called for a “annoying” price collapse.
“What can be expected? Re-test about 105 kilos and bleed about 87 kb or restore over 105.8k-106K and the new ATH trip starts,” I read X Post.
Even those who have a more upward perspective in the market saw the possibility of weakness in the short term.
Kevin Svenson reported a decrease in the Bitcoin Relative Power Index (RSI) on daily time frames.
“The daily RSI structure is an important indicator of follow -up,” he wrote.
“Currently, the daily RSI still indicates the bottom, but we may be a week from the possible reflection signal.”
Surprises not visited
Others have looked at the upcoming total economy data as the following source of volatility of the risk assets.
Related to: 100 thousand dollars re -test for the highest month of closure at all: 5 things that must be known in Bitcoin this week
Non -agricultural salary numbers, as a reflection of the labor market force, amid high interest rates, was of major importance for many.
“It is possible that NFP reports and unemployment in the morning are a catalyst for volatility,” said Keith Alan, co -founder of commercial resource materials indicators,.
Alan added that any escalating unemployment fluctuations can eventually form a silver lining for encryption and arrows, with the implicitness that the Federal Federal Reserve policy may reduce sooner.
He said: “I think the market wants to see a strong economy even if that means that high rates are longer, but no one is surprised by 0.1 % in what is undesirable, but anything greater would show the heat on the Federal Reserve Bank to reduce the third quarter.”
Ali Bitcoin, Alan to “did not” rule “a return to less than $ 93,000.
This article does not contain investment advice or recommendations. Each step includes investment and risk trading, and readers must conduct their own research when making a decision.


