- American inflation rose only 0.1%in May, making the market for the market facilitated, but remained above the target of the Fed.
- Technical analysis showed that Bitcoin would probably jump higher.
The recent inflation news was a slightly positive for the market.
The consumer price index (CPI) rose by 0.1% for the month of May and the annual inflation was 2.4%.
Core CPI – which picks up food and energy – also rose by 0.1%and landed under the predictions of 0.3%. Year-on-year-olds Core CPI was 2.8% against the estimate of 2.9%.
Interestingly, clothing prices, which were expected to jump through rates, saw a decrease instead. It marked the fourth consecutive month of Cooler-Dan expected inflation.
Nevertheless, inflation remained over the target of 2% of the FED of the table of the table, despite the political pressure of President Trump.
Can Bitcoin gather up to $ 200k?
There were many uncertainties in measuring the potential top for BTC, and what events the run could form in the coming months.
With rates, even predictions were extremely difficult in the short term.
Source: BTC/USDT on TradingView
Technical analysis showed that the long -term perspectives of Bitcoin Bullish were. On the weekly graph, the price was above the advancing averages of 20 and 50 weeks.
That alone kept the momentum intact in the long term.
The OBV passed the High of December 2025 and signal the steady purchase volume after the Retracement in March and April. The CMF agreed and climbed above the +0.05 point to indicate heavy capital inflow.
The price action showed a bullish structure, where the price lost a new high the previous weekly close high at $ 104.4k. This was a sign that the swing structure was bullish.
The real value gap (cyan) at $ 98k $ 100.7k was an important demand zone that was tested earlier in June.
But here is the danger zone …
Source: BTC/USDT on TradingView
The momentum was also Bullish on the daily card. Another FVG at this time (white) was seen and reached from $ 106.5k to $ 108.3k. Bitcoin tested this question zone on Thursday, but had not yet fallen.
A daily session that is below $ 106.5K, would be the first sign of problems, and then a movement to $ 100k $ 102k could follow.
Until that time, the BTC question, combined with reduced profitable, meant holders expected much higher prices.
Disclaimer: The presented information does not form financial, investments, trade or other types of advice and is only the opinion of the writer