Bitcoin Go Fit High Volatility Before US Crypto Bill Vote, CPI Data, And Key Token Unlocks
Crypto market go see plenty shakara next week, mainly because of three big things wey go happen. First, on June 10, US Congress go vote on top CLARITY Act, wey fit make CFTC take over how crypto market dey regulated. If dem pass am, e fit bring in up to $1 trillion from big companies, and dem dey talk say Bitcoin fit jump by 20-30% because everywhere go clear well well and investors go trust am more. Second, June 11, dem go release US Consumer Price Index (CPI) inflation data—na big market mover wey don cause crypto prices to jiggle by 5-10% before when the results surprise pipo. At the same time, NVIDIA go host dem AI keynote, wey go likely boost AI-linked cryptocurrencies like RNDR, FET, and TAO. If CPI come out lower than dem expect, e fit make pipo believe say Federal Reserve go cut interest rates, wey fit push up risky assets more. Third, big token unlocks for IMX (June 13) and STRK (June 15), wey worth over $30 million, fit cause serious sell pressure, wey go create short-term trading opportunities. Traders better hedge dem positions, think about shorting before the unlocks, and look for chances to buy when price fall. Dem don identify price support at $95K for BTC and $2.1K for ETH. Strategic fundraising and new token listings on big exchanges still add more ginger. Overall, traders suppose prepare for sharp price movements and plenty opportunities, with bullish scenarios depending on say regulation dey move well and inflation no too hard, while any wahala or bad data fit cause sharp corrections.
Bullish
Plenty big big things go happen next week for crypto market, especially with the US CLARITY Act wey fit pass, which go bring plenty money from big companies enter the space and make everything clear with rules—na long-term good sign be dat. At the same time, if US CPI data show say inflation dey soft, e fit boost risk sentiment, and for history, dis kind thing dey make crypto prices fly. The NVIDIA AI event fit push AI-related tokens to move strong. For short-term, big token unlocks (IMX, STRK) fit cause small sell pressure and shakiness, but e go still create chances for trade. Generally, the good vibes from clear rules and good macro data pass the small bad bad effect from token unlocks, so e mean say Bitcoin and the whole crypto market go dey fine for both short and long term.