LNMTrader's Bulletin 📈📋

Monday, June 2, 2025

🍜 SHORT-TERM FORECAST:

🔸 LNM's Bitcoin Fear and Greed Index:

59 [Neutral] 🟡

🔸 TODAY, MONDAY (June 2, 2025):

Bitcoin may see a slight uptick, potentially reaching $106,000-$108,000, driven by short-term bullish sentiment and support at $104,000.

Volatility remains with possible dips to $103,500.

🔸 TOMORROW, TUESDAY (June 3, 2025):

Price could consolidate around $105,000-$107,000 as traders assess resistance near $108,000.

A break above may target $110,000; otherwise, expect a pullback to $102,000.

☕️ TL;DR: Trading Notes

🔹 Metaplanet buys 1,088 more bitcoin, pushing total holdings to 8,888 $BTC worth over $930 million.

🔹 Bitcoin trades at $105,500 ‘pivot point’ but long-term outlook remains optimistic.

🔹 10 Bullish Takeaways from the Bitcoin 2025 Conference (from a NgU Tech™️ perspective, of course... you can use the word ''allegedly'' at the end of each bullet point):

▫️ US Vice President Holds BTC.

▫️ Pakistan Launches National Bitcoin Reserve.

▫️ Nigel Farage Unveils UK Crypto Tax Bill.

▫️ Trump Media Invests in Bitcoin.

▫️ NYC Mayor Pushes for “BitBonds”.

▫️ Football Giants PSG Announces Bitcoin Reserve.

▫️ Conference Breaks Attendance Record.

▫️ BlackRock, MicroStrategy, and Marathon Double Down.

▫️ Michael Saylor Predicts $100 Trillion Market Cap.

▫️ Senator Lummis Revives Bitcoin Reserve Bill.