Bitcoin storms $107,000: what happens next?
Date: 2025-06-10 Author: Henry Casey Categories: CRYPTO PAYMENTS
After the recent growth of the Bitcoin rate above $107,000, analysts are assessing how sustainable this trend can be. Despite the positive dynamics, market participants remain cautious, citing external factors and an unstable news background.
According to Ryan Lee, lead analyst at Bitget Research, the current macroeconomic environment has a significant impact on the market. In particular, trade disagreements between the US and China, as well as signs of deflation in the Chinese economy, are of particular concern. He believes that Bitcoin can hold in the $100,000–108,000 range. However, if the pressure on the markets intensifies, a decline to a support level of around $96,000 is possible. At the same time, a breakout of the current resistance can trigger a new stage of growth.
Alexander Peresichan, CEO of Technobit, sees the main driving force in the news, not in fundamental indicators. He emphasized that recent price fluctuations were caused, among other things, by the public conflict between Elon Musk and US President Donald Trump. The lack of progress in resolving the issue of trade tariffs and the current policy of the Federal Reserve, which maintains a high key rate, are holding back the market. However, a possible rate cut in the fall and continued interest from major players create the basis for stability. According to Peresichan's forecast, Bitcoin will trade in the range of $100,000-110,000 in the coming weeks, while Ethereum will remain below $2,700.
Alexey Zyuzin, CEO of Crypto Summit, also agrees with the opinion on the importance of institutional interest. He noted that large investors continue to see Bitcoin as a tool for long-term asset diversification. At the same time, he believes that it is unlikely that the rate will fall below $98,000 given the neutral background. Any positive developments, be it progress in US-China negotiations or the easing of the Fed's monetary policy, could contribute to the growth of quotes.
Experts agree that the coming weeks will be a period of consolidation within $100,000–110,000. Going beyond this range is possible only with significant changes in world politics or economics.
Bitfinex analysts have previously stated that Bitcoin could reach a new maximum of $125,000 in July.
