#ISM

1 articles

#Bitcoin #Ethereum #Technical Analysis #Market #PMI #FOMC #Short Squeeze #Solana

Market Analysis 2026-07-06

Deep Market Analysis July 6: BTC Approaches $64K, ISM Services PMI 51.3 Sends Stagflation Signals, $450M Short Squeeze Fuels Weekend Rally, FOMC Minutes Week Ahead

Bitcoin rallies from $58,293 low to $63,900, approaching the $64K milestone. $450M short squeeze fuels weekend action. ISM Services PMI at 51.3 shows expansion but with stagflation undertones. Macro super-week ahead: FOMC minutes, ISM data, and JOLTS all due — determining whether BTC can hold $63K-$64K.