Bitcoin increased over 106 thousand dollars: market cautious in optimistic mode
Bitcoin, despite the Iran-Israeli tension and interest expectations over 106,000 dollars, drew a resistant picture. While market sensitivity shows “restrained optimism , ETF inputs and corporate liquidity support BTC. Experts emphasize that the FOMC meeting will be decisive for the crypto market.
Corporate inputs and strong liquidity carry Bitcoin up despite geopolitical risks
📍 Bitcoin, which has started the new week above $ 106,000, gives investors a strong resistance message. Although a short-term decline after the Israeli-Iranian tension at the weekend, Bitcoin is rapidly recovering and trading at $ 106.222 as of this morning.
“Although geopolitical risks suppress BTC short -term, investors still see it as a geopolitical hedge, BT BTC Markets analyst Rachael Lucas.
💡 Market Sensitivity: Moderate optimism
Bitcoin’s fear and greed index is now 61.
This shows that investors are generally optimistic, but they are not overly enthusiastic due to macro risks.
Corporate demand, macro data and geopolitical developments shape price movements together.
💸 Corporate entrances are strong
Spot Bitcoin ETFs saw a total net entry of $ 5.23 billion in May in May.
This figure is at a similar level to the procurement wave of US President Donald Trump.
Kronos Research CIO Vincent Liu says that strong global liquidity and institutional demand can lead to new peaks of BTC in the coming period.
🔍 Technical view: $ 106,406 has been exceeded, the new target AC
According to Lucas from BTC Markets:
“Bitcoin continued to increase the momentum by breaking the resistance of 106,406 dollars.
🪙 Eth is also gathering power
Ethereum increased by 1.48 %in the last 24 hours to $ 2,569.
Bitcoin dominance remains 65 %, while the institutional acceleration on ETH side is increasing.
The increase in defi activity and potential regulation news may be a catalyst for ETH.
🏛 FOMC meeting is expected: Decision Week
The main agenda of the markets throughout the week: Federal Open Market Committee (FOMC) meeting.
According to CME Fedwatch Tool, the probability of interest rates is 96.7 %.
However, Trump pressure on Powell to download interest. According to the Financial Times, the White House said, “He may have to force something.”
In addition, ETF and stablecoin regulation explanations from the SEC or Treasury may also create volatility in the market.
