Bitcoin race springs up to $ 108,000 while market is waiting for macrodata

by Team Passionategeekz · June 30, 2025


BTC coin with rising Bitcoin course graph in the background

Written by Arjan Schreur on June 30, 2025.

Of Bitcoin Koers Has a remarkable revival in recent days and seems to be ready for a new outbreak. After a 10% recovery from a local low of $ 98,400, Bitcoin noted a weekly peak of $ 108,200 on 25 June. This has again exceeded the largest digital asset above an important level of support. Analysts speak of a classic bullish pattern that offers space for further price increases to well above $ 150,000.

The recent movements fit within a broader consolidation phase that followed the impressive 52% increase between the beginning of April and the end of May, when the Bitcoin Koers reached its current all-time high of $ 112,000. Since then, the race mainly moved sideways in a bandwidth between $ 100,000 and $ 112,000. The recovery from levels below $ 100,000 indicates that buyers firmly defend this level.

Bitcoin course can rise by 40% after outbreak over All Time High

According to crypto analyst Jelle, Bitcoin is currently within a so-called bull pennant On the daily graph. This technical pattern – which arises after a strong rise, followed by a period of consolidation – suggests that the next upward movement may be future. With a convincing outbreak from this pattern, a target of $ 150,000 would be feasible, which amounts to an increase of almost 40% compared to the current level.

Important economic figures

Although the graph looks promising, the broader economic context remains of great importance for investors in Crypto. The coming week a series of American macro-economic figures will be on the agenda that can influence both traditional and digital markets.

On Tuesday, the figures on the number of vacancies and the ISM Manufacturing PMI will be published – both indicators for the state of the labor market and the industrial sector respectively. Later in the week, important data on employment will follow, such as the number of newly created jobs (NonFarm Payrolls) and the unemployment rate. On Thursday, the ISM Services PMI will be added, an important indicator for the service sector.

These figures are important because they influence the inflation expectations and interest policy of the US central bank. The Federal Reserve is currently holding on to a “Wait and See” approach, partly because the inflation rate for May-the so-called Core PCE-showed an acceleration. Chairman Jerome Powell announced last week that he was expecting a revival of inflation in the summer, but for the time being does not provide a direct interest rate reduction.

In the meantime, investors are also looking at geopolitical developments and trade policy. President Trump suggested Sunday that he may not give an extension to the 90-day break at new import rates, which adds uncertainty to the markets.

Crypto markets on springs

Despite the macro-economic uncertainties, cryptom markets seem to be spreading slowly. The total market value of digital assets reached $ 3.46 trillion on Monday morning, partly thanks to a price rise from Bitcoin to $ 108,750 – the highest level in two weeks. The Activum did, however, got stuck at this resistance, where it was rejected five times in the past week.

Ethereum performed slightly better, with an increase of 2.8% and a breakthrough to $ 2,500, a rather important support level that now functions as a resistance. Too many altcoins showed green figures, with hyperliquid (HYPE) excelled with a daily win of 7.5% and a rate above $ 40.

While the markets are preparing for new economic signals, it is clear that the Bitcoin course is at a tipping point. A successful breakthrough from the current pattern could mean the starting signal for a new, powerful phase in the Bullmarkt.

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