Bitcoin
Long

BTC tries to get back to 107K

94
BTC trend forecast JUNE 1, 2025

⚠️Trump Media and Technology Group, backed by Donald Trump and listed on Nasdaq, made waves Friday by announcing a massive $2.44 billion capital raise aimed at building a Bitcoin treasury. In a bold move blending politics and crypto, the company secured funding through a private offering to around 50 institutional investors, selling 55.8 million shares at $25.72 each, raking in $1.44 billion.

Additionally, it issued $1 billion in zero-interest convertible notes due in 2028, priced for conversion at $34.72 per share. With $2.3 billion earmarked for Bitcoin acquisition, Trump Media signals a strategic pivot into digital assets, making a high-stakes bet on crypto's future.

⚠️ Weekend, BTC low liquidity, short-term recovery back to the price zone of 105,500. Efforts to break out the price zone of 107K, still in the adjustment phase to get short-term liquidity

Resistance : 105.500 ; 107.0000


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