🤞🏻 Bitcoin looking bullish going into the new week, but…

Bullish setup

Can‘t help myself guys but both the weekly and the daily chart look quite bullish to me. We saw a bit of weakness during the last week but it seems we left that behind. The upwards trend on the weekly chart is intact and the daily is pointing towards a reversal back into bullish mode. Next stop ATH imo.

Important Macro Events ahead

For the moment it depends heavily on certain macro drivers if we can really rise higher. And next week has two big events ahead: US CPI Data for May which will be published wednesday 11th and the US PPI one day later. This will show how the Trump Tariffs do affect Inflation so far. If yes, than rates cuts will get more unlikely, bad for the markets, if no or not much…well the bull is waiting already.
The same is true for producer price inflation (PPI) data which will be published on Thursday.

What do you expect? New ATH this week or will we see further consolidation?