According to @StockMKTNewz, the U.S. Dollar Index (DXY) has fallen below 98, marking its worst performance since 1991 and creating a potentially bullish long-term environment for risk assets like Bitcoin (BTC). This weakness is driven by factors including U.S. inflation coming in below estimates at 2.4% and a 99.8% market-priced probability of a Federal Reserve rate cut in June, as per the CME FedWatch Tool. However, despite the favorable macro backdrop, short-term technical analysis for Bitcoin is bearish. Analyst Omkar Godbole points to the 14-day stochastic indicator, which suggests an imminent downturn from overbought levels. This technical signal indicates that BTC could revisit sub-$100,000 prices in the short term. A decisive move above its current consolidation pattern would be required to invalidate the bearish outlook and target a rally toward $140,000.

According to @StockMKTNewz, Bitcoin's (BTC) trading outlook presents mixed signals. The bullish case is supported by the U.S. dollar index (DXY) falling to its lowest level since February 2022 and AI-related stock Nvidia (NVDA) hitting a record high, with the 90-day correlation between NVDA and BTC at a strong 0.80. Additional tailwinds include recession indicators such as a steepening yield curve and traders pricing in Federal Reserve rate cuts. However, BTC recently pulled back to around $106,175, with the dip attributed to weakness in tech stocks spilling over into crypto markets. Uncertainty persists as Fed Chair Jerome Powell maintains a "patient" stance on rate cuts, contrasting with other officials pushing for a July cut. Major altcoins including Solana (SOL), Cardano (ADA), and Avalanche (AVAX) also experienced significant declines.

According to @rovercrc, multiple factors are creating a bullish outlook for Bitcoin (BTC). A Coinbase Research report points to a constructive crypto market in the second half of 2025, fueled by stronger U.S. economic growth projections, as indicated by the Atlanta Fed’s GDPNow tracker, and significant regulatory progress, such as the GENIUS Act and the CLARITY Act. The report also notes that while corporate adoption is increasing demand, it introduces risks if firms fund crypto purchases with convertible debt. Separately, Matt Mena of 21Shares suggests that recent softer-than-expected U.S. inflation data could be a major bullish catalyst, putting a Bitcoin price of $200,000 by the end of this year "firmly in play." Mena argues that cooling inflation increases the likelihood of Federal Reserve policy easing, which could accelerate institutional investment and ETF inflows, reinforcing Bitcoin's role in global portfolios.

According to @rovercrc, Bitcoin (BTC) traders are closely monitoring key macroeconomic events this week after the cryptocurrency slumped below $106,000. The main event is Federal Reserve Chairman Jerome Powell's testimony to Congress, where his stance on interest rates will be scrutinized. Dovish signals could boost risk assets like BTC, especially as some market participants, like Chris Weston of Pepperstone, note that a September rate cut is already priced into the U.S. swaps market. However, analysts at ING remain cautious, forecasting only one rate cut this year, potentially in December. Another critical event is the release of the Core PCE price index, the Fed's preferred inflation metric, with consensus expecting a benign 0.1% monthly increase, which could support the case for rate cuts. The market is also on edge due to the approaching July 9 tariff deadline and geopolitical tensions involving Iran, which contributed to a selloff that saw altcoins like Ether (ETH), Solana (SOL), and XRP drop by 5-7%.

According to @rovercrc, analysis from Matt Mena of 21Shares indicates that softer-than-expected U.S. inflation data could be a major bullish catalyst for Bitcoin (BTC). Mena suggests that if BTC breaks out of the $105K-$110K range with conviction, it could move sharply to $120K, potentially reaching a $138.5K target by the end of summer, as cited in the report. With continued momentum, a Bitcoin price of $200K by the end of the year is now considered 'firmly in play', according to Mena. This optimistic outlook is supported by cooling inflation strengthening the case for Federal Reserve policy easing. Mena also noted that other bullish catalysts include sovereign and institutional adoption and impending stablecoin regulation, which could accelerate ETF inflows and reinforce Bitcoin's role in global portfolios.

According to @StockMKTNewz, Bitcoin's (BTC) bullish case is strengthening as several key traditional market indicators align in its favor. The U.S. dollar index (DXY) has fallen to its lowest level since February 2022, a development that Bitwise's Head of Research, Andre Dragosch, called "very bullish" for global money supply and Bitcoin. Further supporting a risk-on sentiment, Nvidia (NVDA) shares hit a record high, maintaining a strong 90-day correlation of 0.80 with BTC. Meanwhile, macroeconomic signals like a steepening yield curve, which wealth advisor Kurt S. Altrichter notes has historically preceded recessions, and a drop in consumer confidence reported by the Conference Board, are fueling expectations for a Federal Reserve rate cut. CME's FedWatch tool indicates traders are now pricing in a potential July cut. In a separate analysis, JPMorgan raised its price targets for bitcoin miners including CleanSpark (CLSK), Riot Platforms (RIOT), and MARA Holdings (MARA), citing a 24% increase in its spot bitcoin price assumption and improving industry economics.

According to @rovercrc, a softer-than-expected U.S. inflation report is acting as a major bullish catalyst for Bitcoin (BTC), with some analysts now forecasting a potential price of $200,000 by year-end. Matt Mena, a research strategist at 21Shares, stated that if BTC decisively breaks the $105K-$110K range, it could rapidly move towards $120K and hit a year-end target of $138.5K by the end of summer. Mena believes the favorable inflation data now puts a $200K BTC price 'firmly in play' for 2024. The cooling inflation has led traders to price in about two Federal Reserve rate cuts this year, which is typically positive for risk assets like Bitcoin. Further bullish momentum is attributed to sovereign and institutional adoption, alongside impending stablecoin regulation. Meanwhile, Vetle Lunde of K33 research anticipates a volatile July due to U.S. policies, but notes that contained crypto-leverage reduces the risk of a major market deleveraging. At the time of the analysis, BTC was trading around $108,381.

According to @rovercrc, Bitcoin (BTC) is approaching $108,000, driven by a confluence of bullish macroeconomic signals and strengthening technicals. Key drivers include rising expectations for a U.S. Federal Reserve rate cut, as hinted by Jerome Powell, and a weakening U.S. Dollar Index (DXY), which Bitwise's Andre Dragosch called "very bullish" for Bitcoin. The crypto market is also benefiting from a strong correlation with tech stocks, as AI chipmaker Nvidia (NVDA) hit a record high, showing a 0.80 90-day correlation with BTC. FxPro’s Alex Kuptsikevich noted that BTC reclaiming its 50-day moving average signals potential for further acceleration. Meanwhile, retail and institutional demand is growing; eToro data shows 58% of U.S. retail investors are increasing crypto exposure, and LVRG Research's Nick Ruck confirms institutional purchases are picking up. Ether (ETH), Solana (SOL), and Cardano (ADA) are also showing gains, poised to follow Bitcoin's lead.

According to @KookCapitalLLC, a softer-than-expected U.S. inflation report has significantly improved the outlook for Bitcoin (BTC), with one analyst suggesting a price of $200,000 by year-end is now a distinct possibility. Matt Mena, a crypto research strategist at 21Shares, stated that the recent Consumer Price Index (CPI) data may act as a major bullish catalyst. Mena projects that if BTC decisively breaks out of the $105,000-$110,000 range, it could quickly move to $120,000 and potentially reach a $138,500 target by the end of the summer. The favorable CPI print, which showed a 0.1% increase against a forecasted 0.2%, has led traders to price in approximately two 25-basis-point Fed rate cuts this year. This macroeconomic tailwind, combined with increasing institutional adoption and impending stablecoin regulation, could accelerate ETF inflows, according to Mena. Following the news, Bitcoin surpassed $110,000 after U.S. spot ETFs recorded over $407.78 million in inflows. The rally extended to the broader market, with memecoins BONK and FARTCOIN surging over 20%, indicating heightened investor risk appetite. However, Alex Kuptsikevich, chief market analyst at FxPro, cautioned that while BTC may test its historical high of around $112,000, the upcoming U.S. employment report could pose a significant challenge.

According to @MI_Algos, Bitcoin's (BTC) bullish case is gaining momentum as the U.S. Dollar Index (DXY) fell to its lowest level since February 2022, a development described as 'very bullish' for global money supply and bitcoin by Bitwise's Andre Dragosch. Further support comes from the strong positive correlation between BTC and Nvidia (NVDA), with the 90-day correlation coefficient at 0.80 as NVDA shares hit a new record high. Traditional market indicators also point to favorable conditions for risk assets; wealth advisor Kurt S. Altrichter noted that the bond market's steepening yield curve is a classic recession signal that has historically preceded bull runs. Additionally, traders are increasingly pricing in a Federal Reserve rate cut for July, with interest rate swaps showing around four basis points of easing, according to Bloomberg. Institutional adoption is also accelerating, with the Federal Housing Finance Agency ordering Fannie Mae and Freddie Mac to prepare to count cryptocurrency as a valid asset for mortgages.

According to @rovercrc, a softer-than-expected U.S. inflation report has significantly increased the probability of Bitcoin (BTC) reaching $200,000 by the end of the year. Matt Mena, a crypto research strategist at 21Shares, stated that the cooling consumer price index (CPI) data could be the catalyst that accelerates BTC's momentum, bringing a potential summer target of $138.5K forward by several months. The report has led traders to price in approximately two 25 basis point Fed rate cuts this year, strengthening the case for policy easing. Technically, Bitcoin is holding firm support above the $105,000 level after a recent dip, with analysis indicating high-volume accumulation in the $104,400–$104,500 zone and potential for further upside. Adding to the bullish sentiment, Jeff Park, Head of Alpha Strategies at Bitwise Asset Management, noted a cultural shift where younger investors now aspire to become 'wholecoiners'—owning at least one full Bitcoin—viewing it as a new form of prestige and long-term security.

According to @MilkRoadDaily, a softer-than-expected U.S. inflation report has significantly boosted the outlook for Bitcoin (BTC), with one analyst now suggesting a $200,000 price target by year-end is a real possibility. Matt Mena, a crypto research strategist at 21Shares, stated that the latest Consumer Price Index (CPI) data, which showed a 0.1% rise against a 0.2% forecast, could be the bullish catalyst that accelerates BTC's momentum. This cooling inflation trend has led traders to price in approximately two 25 basis point rate cuts from the Federal Reserve this year, creating a favorable macro environment for risk assets. Mena noted that this tailwind, combined with increasing institutional adoption and a record U.S. M2 money supply, reinforces Bitcoin's role in global portfolios. With Bitcoin currently trading near $108,400 and approaching its all-time high, these converging factors suggest a potential breakout.

According to @rovercrc, several macroeconomic factors are creating a bullish environment for Bitcoin (BTC). The probability of a 2025 U.S. recession has fallen to a low of 22% on the Polymarket prediction platform, easing investor fears. A significant driver for BTC is the U.S. Dollar Index (DXY), which has dropped to its lowest point since February 2022; Andre Dragosch of Bitwise notes this is 'very bullish' for Bitcoin. Further supporting the risk-on sentiment, AI-related stock Nvidia (NVDA) hit a record high, maintaining a strong 90-day correlation of 0.80 with BTC. While bond markets are showing some recessionary signals with a steepening yield curve, traders are increasingly pricing in Federal Reserve rate cuts for 2024, which could further boost risk assets like cryptocurrency.

According to @StockMKTNewz, the long-term bullish case for Bitcoin (BTC) is gaining strength from several key macroeconomic factors. The US Dollar Index (DXY) has fallen to its lowest point since February 2022, a development Bitwise's Andre Dragosch called "very bullish" for Bitcoin. Concurrently, AI-related stock Nvidia (NVDA) hit a record high, maintaining a strong 90-day correlation of 0.80 with BTC, suggesting a continued risk-on appetite. Further supporting this outlook are recession signals, such as a steepening yield curve and a drop in consumer confidence, which are increasing trader expectations for Federal Reserve rate cuts. However, in the short term, Bitcoin experienced a pullback to around $106,175. This dip is attributed to profit-taking following a record-high monthly close and weakness in US tech stocks, alongside a cautious stance on immediate rate cuts from Fed Chair Jerome Powell.

According to @StockMKTNewz, Bitcoin's (BTC) bullish case is bolstered by significant macroeconomic shifts, including the U.S. dollar index falling to its lowest point since February 2022, a development Bitwise's Andre Dragosch called "very bullish" for BTC. Further support comes from Nvidia (NVDA) stock hitting a record high, with the 90-day correlation between NVDA and BTC standing at a strong 0.80. However, BTC recently pulled back to approximately $106,175 after achieving its highest-ever monthly close, as weakness in tech stocks like NVDA and Tesla (TSLA) impacted crypto markets. Conflicting signals arise from the bond market, where a steepening yield curve suggests potential recession, a point highlighted by wealth advisor Kurt S. Altrichter. This is compounded by a drop in consumer confidence, as reported by the Conference Board. While traders are pricing in potential Federal Reserve rate cuts in July, Fed Chair Jerome Powell has advised patience, creating uncertainty across markets and contributing to declines in major altcoins like Solana (SOL), Cardano (ADA), and Avalanche (AVAX).

According to @rovercrc, while Bitcoin (BTC) is approaching a potential new all-time high above $112,000, traders are increasingly placing short positions. Data from Coinalyze indicates the long/short ratio has flipped in favor of shorts, falling to 0.858, while open interest has risen to $35 billion, suggesting significant capital is betting against a breakout. This accumulation of short positions creates a prime scenario for a short squeeze if BTC breaks key resistance, which could force a rapid price surge. The bullish case for Bitcoin is further supported by macroeconomic factors, including a weakening U.S. Dollar Index (DXY) hitting its lowest point since February 2022, and a strong positive correlation of 0.80 with Nvidia (NVDA) stock, which just reached a record high. Additionally, bond market and consumer confidence data are signaling a potential recession, leading traders to price in Federal Reserve rate cuts, which typically benefits risk assets like Bitcoin.

According to @CryptoMichNL, Bitcoin (BTC) is positioned to test its all-time high, potentially as soon as July, driven by powerful macroeconomic factors and capital flowing from record-setting U.S. equity markets. A key bullish catalyst is the recent softer-than-expected U.S. inflation report, which showed the Consumer Price Index (CPI) rose just 0.1% last month, below the 0.2% forecast, as cited in the article. This has led traders to price in the possibility of two Federal Reserve rate cuts this year. Matt Mena, a crypto research strategist at 21Shares, stated that if BTC breaks the $105K-$110K range with conviction, a move to $120K could follow, and a year-end target of $200K is now 'firmly in play'. Further support for this outlook comes from a record U.S. M2 money supply of $21.9 trillion and warnings from Ray Dalio about rising U.S. government debt, which enhances Bitcoin's appeal as a store of value.

According to @burrytracker, Bitcoin (BTC) is positioned for a potential surge to a new all-time high, with some analysts now forecasting a price of $200,000 by the end of the year. This bullish outlook is supported by several factors, including softer-than-expected U.S. inflation data, which has increased expectations for Federal Reserve rate cuts, as cited by Matt Mena of 21Shares. The analysis also points to a record-high U.S. M2 money supply ($21.9 trillion) and warnings from figures like Ray Dalio about rising national debt, pushing investors toward assets like BTC. With U.S. equity markets already at record highs and July historically being a strong month for Bitcoin, the confluence of these macro tailwinds suggests significant upward potential for the cryptocurrency.

According to @MilkRoadDaily, a softer-than-expected U.S. inflation report is a significant bullish catalyst for Bitcoin (BTC), with one analyst now viewing a $200,000 price target by year-end as a distinct possibility. Matt Mena, a crypto research strategist at 21Shares, stated that the cooling consumer price index (CPI) strengthens the case for Federal Reserve policy easing later this year. Mena noted that if BTC breaks above the $105,000-$110,000 range with conviction, a move to $120,000 could follow, potentially reaching his $138,500 year-end target by summer. He added that if momentum continues, a $200,000 Bitcoin price is "firmly in play." Additional tailwinds supporting this outlook include a record $21.9 trillion U.S. M2 money supply, historical data showing July is a strong month for BTC with average gains of 7%, and concerns from figures like Ray Dalio about rising U.S. debt levels, which could drive capital into assets like Bitcoin.

According to @rovercrc, Bitcoin (BTC) appears poised for a potential run to a new all-time high, supported by a confluence of bullish macroeconomic factors. Key drivers include a weakening U.S. dollar index (DXY), which has dropped to its lowest level since February 2022, a development Bitwise's Andre Dragosch called "very bullish" for Bitcoin. Additionally, a strong positive correlation of 0.80 exists between BTC and Nvidia (NVDA) shares, which recently hit a new record high. Traders are also increasingly pricing in a Federal Reserve rate cut for July, with interest rate swaps indicating expectations for 60 basis points of easing this year, according to Bloomberg. These factors are compounded by record-high U.S. equity indexes, a surging M2 money supply, and recessionary signals from the bond market's steepening yield curve and declining consumer confidence, all of which encourage a flight to risk assets like Bitcoin.