Experts predicted bitcoin’s movement after rising above $107,000

Bitcoin’s growth above $107,000 was accompanied by an outflow of funds from ETFs and instability in the United States. According to analysts’ assessment, the cryptocurrency’s movement is driven by macroeconomic and political events, as well as expectations on the Fed Funds rate. Investors react to signals from China and the United States, which increases volatility.

Ryan Lee, chief analyst at Bitget, believes that quotes are moving in the range of $100,000-108,000 amid deflationary risks in China and uncertainty in negotiations with the United States. He admits growth above $107,000 if the negativity in the markets does not intensify, but also does not rule out a decline to the support at $96,000.

Technobit head Alexander Peresichan emphasizes the role of the news background. According to him, the conflict between Elon Musk and Donald Trump has become a factor of volatility. He points to market volatility due to the lack of decisions on tariffs and high rates, but notes interest from large investors.

Alexey Zyuzin of Crypto Summit believes that institutionalists continue to accumulate bitcoins as a hedge. With a neutral background, he does not expect a drop below $98,000. Positive news on trade and monetary policy will be supportive.

Analysts agree that bitcoin will remain in the range of $100,000-110,000 in the short term. Going beyond the range is possible with significant macro signals. Strategic uncertainty is still holding back growth.

Earlier, Bitfinex analysts said bitcoin could reach a new peak of $125,000 in July.