Bitcoin Price Target: Rally to $111k Likely as Soft CPI Print Fuels Rate Cut Talks

Bitcoin ($BTC) price prediction for June 13, 2025: Momentum cools below $111K as bulls defend $106K support zone

The Bitcoin price today is trading near $107,690 following a slight dip from Monday’s peak above $110,800. While the broader uptrend remains intact on higher timeframes, intraday charts reveal early signs of exhaustion, especially as BTC tests a confluence of resistance near the 0.618 Fibonacci level and the upper Bollinger Band. Traders are watching closely to see whether Bitcoin price action can stabilize above key moving averages or if furthe…

Bitcoin price target: rally to $111k likely as soft CPI print fuels rate cut talks

Macro effects are aligning to push Bitcoin close to $111K, near its all-time high, says Jag Kooner of Bitfinex.

Bitcoin rally could resume as tariff fears ease and CPI cools, says analyst

Eased tariff tensions and cooling inflation may boost Bitcoin, potentially prompting Fed rate cuts and renewed retail crypto interest. The post Bitcoin rally could resume as tariff fears ease and CPI cools, says analyst appeared first on Crypto Briefing.