Analyst: Bitcoin returns to the $105,000 price level, but may fluctuate in either direction due to significant news.

2025-06-09 04:35:33

According to Deep Tide TechFlow news on June 9, The Block reported that the Bitcoin price has recovered to above $105,000 after a brief fall caused by the public discord between US President Trump and Elon Musk.

Analysts indicate that Bitcoin is currently in a “delicate” range and may fluctuate in either direction due to significant news. Kronos Research analyst Dominick John noted that while the trading price exceeding $105,000 shows strength, the structure remains fragile, and the market is in a wait-and-see mode.

Analysts expect that the macroeconomic data such as the U.S. Consumer Price Index and Producer Price Index to be released in the middle of this week will influence short-term volatility and may provide reference for the Federal Reserve’s interest rate decision on June 17.

BTC0,8%

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