Bitcoin’s price at $100,000 will be the main level of defense

BitcoinBTCThe bulls are hoping to see the support level of $100,000 retested.

• BTC offers some hope for the week’s close. Predictions of a comeback to previous highs are still intact.

• The focus remains on liquidity grabs, which could result in a greater correction if the $100,000 fail.

• This week CPI and PPI will be released, while the Fed is the focus of attention in the final week before June’s FOMC meeting.

• Bitcoin short term holders face a critical level of $106,200. That level may cement the short-term opposition at this level.

• Crypto hodlers may have already been blessed by the feud between Donald Trump & Elon Musk.

Bitcoin Weekly Close Inspires Hope

Bitcoin passed $106,000 even before buyers appeared at the 8th weekly close.

Even though the data is volatile, it shows that there has been a steady increase since last Friday. Cointelegraph Markets Pro The following are some examples of how to get started: TradingView BTC/USD is shown to have come full circle in order for its position to be held open.

It has implications for those who want to know if prices have increased after the a retest of $100,000 support.

For popular trader and analyst Rekt Capital, tHe result appears mixed — $104,400 stayed in play, giving BTC/USD its fourth consecutive weekly close higher, but a full bull market comeback remained lacking.

“Bitcoin has broken its two-week Downtrend (light blue). Now, Bitcoin is trying to challenge the $106600 resistance (black),” he told X Followers in Part of His Ongoing Analysis on June 8

“Some light rejection here would be normal. But the goal is for Bitcoin to Daily Close above black for continued bullish bias.”

Bitcoin has already surpassed $100,000, and there are many who see this as a positive sign.

Matthew Hyland, a fellow trader noted that the price had now closed several daily candles above the 10-period Simple Moving Average (SMA).

#BTC Closes another candle above the 10 SMA, further confirming recent Low: https://t.co/oXI3f8CxOZ pic.twitter.com/GQJCbCEDWn

— Matthew Hyland (@MatthewHyland_) June 9, 2025

Long-term perspective is also not panicky, as seasoned investors wait for the inevitable continuation of bullish prices.

“$BTC showing Calm Before the Storm. $BTC is compressing just below resistance at $107,800 and it is a classic volatility squeeze only,” CryptoKing is a popular trading platform. argued Many price tools will be available this weekend. 

“If you look at Price holding higher lows. Volumes drying up and the breakout is loading. RSI is also cooling off. If we flip resistance this time the next stop is $120K.”

BTC liquidity is the focus of attention

Recent BTC analysis has focused on the liquidity of exchange order books.

Prices have been moving up and down in a jerky fashion throughout May and into June. “grab” The liquid is thickened in patches.

The following are some of the ways to get in touch with us. Cointelegraph reported, these patches are often not organic but rather speculative moves on the part of large-volume traders — an attempt to guide price in one direction or the other.

The $100,000 threshold will be the ultimate test for the market’s ability to handle a long-term liquidity risk.

“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,” Daan Daan crypto Trades is a well-known trader who wrote in an X post Topics to consider 

“Below $100K and Thursday’s low is where things can really accelerate and see continuation of this current correction.”

Daan Crypto Trades noted, however, that Bitcoin’s recent all-time highest price of $112,000 was another important area.

“It’s also likely that there’s a lot of stops placed above that point,” He also added.

Cas Abbe, a fellow trader who was on the same trading platform as me over the weekend noted that an increase of 10% would lead to a gain in $15 billion of short liquidations.

Focus on CPI and PPI ahead of FOMC

There are some familiar inflation indicators in the last week of June, just before Federal Reserve meets to discuss interest rates.

On June 11-12 the Consumer Price Index for May and the Producer Price Index are to be released, the latter being accompanied by the unemployment statistics.

While inflation has been slowing through 2025, attention will be on the Fed itself, as officials have held out against dropping rates — something which would be a key tailwind for crypto and risk assets.

Officials including Chairman Jerome Powell have also drawn the ire Donald Trump, the US president for their relatively hawkish position.

Markets have fully or partly priced out the possibility of any cut occurring at June or the July Federal Open Market Committee meetings (FOMC).

CME Group’s latest data indicates that only September is the month when a 0.25 percent decrease in the Fed fund rate can be expected. FedWatch Tool.

This latest newsletter from “The Market Mosaic“Mosaic Asset, a trading company, warned, however, that the Fed could be strengthened by a rebound of inflation in the second half 2025.

“There are signs of easing inflation across several measures. The most recent Consumer Price Index (CPI) came in at 2.3% compared to last year, which was the smallest gain since February 2021. The Fed’s preferred PCE inflation measure rose by 2.1%, which is close to the Fed’s target,” It was observed on June 8th. 

“But if history is any guide, then the trend of disinflation since mid-2022 could be coming to an end.”

The chart compares the inflation cycles of today with those from the 1970s. Mosaic also said that the US tariffs on trade could lead to a revival in the US economy.

Bitcoin holders who hold the currency for a short time offer resistance

Bitcoin’s speculative investment base is still on the radar of analysts as a possible source for short-term volatility.

Short-term hodlers’ (STHs’) profitability reaches a certain level, which can tempt them into selling or reducing their BTC exposure.

One of the “QuicktakeCryptoQuant’s onchain analysis platform, CryptoQuant blogged on June 8, highlighting one level that is exactly at the local high of Bitcoin into its weekly close.

“A short-term holder sitting on a loss tends to panic,” contributor Burak Kesmeci explained. 

“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).”

CryptoQuant shows that investors who bought between one week and four weeks prior to now are more likely to be interested in $106,200.

Conversely, buyers from between three and six months ago have their cost basis at $97,500 — making it desirable for the market to protect that level as support.

“Knowing where short-term holders stand gives us key levels for both fear and opportunity,” Kesmeci was added.

“Sell the rumor, buy the news?”

Santiment, a research company, believes the BTC market is at its lowest point.

Related: Is a Bitcoin price rally to $150K possible by year’s end?

The reason, it argues, lies in the behavior of the crowd — and of US President Trump and Elon Musk.

BTC price downside accelerated The pair traded barbs on social media in what is being dubbed as the ending of their relationship.

“The public downfall of Donald Trump’s and Elon Musk’s relationship has generated many polarizing reactions from the crypto community,” Santiment told X Followers this Weekend 

“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 indicated that the debacle could have become an a “sell the rumor, buy the news” event.

“Generally, when major crypto personalities see spikes in discussion rate, the chances of market reversals increase,” This is a summary.

This article contains no investment recommendations or advice. Each investment or trading decision involves some risk. Readers should do their own research before making any decisions.