Bitcoin Trends – W3 June 2025
Bitcoin stuck at $105K level: corporate sector buying, retail fleeing, geopolitics shaking – who will win the battle for new ATH?
TL;DR:
Bitcoin is in a consolidation phase ($104K-$110.5K) with diminishing momentum (1.7%) amid geopolitical uncertainty and institutional accumulation. Key signals indicate a balance of forces: exchange outflows (-0.5%) and rising hashrate (+5.1%) support supply deficit, however declining retail activity (-7%) and transfer volumes (-17%) indicate participants' wait-and-see position. Options Max Pain at $106K and ADX at 21 level confirm trend formation without clear direction, making sideways movement with $104K support tests the most likely scenario until new macroeconomic catalysts emerge or Middle East conflict resolution.
Macroeconomics Last Week
Priority: High
Eurozone Trade Surplus (April 2025): €9.9 billion
Conclusion: Surplus decreased from €13.6 billion year-over-year and fell from March record of €37.3 billion, mainly due to sharp drop in chemical products surplus after new US tariffs introduction. Exports fell 1.4% y/y (mineral fuels -25.3%, machinery and equipment -5.6%), whil…