GM Market Briefing☕
Friday, June 12, 2026
$BTC Outlook (UTC 0):
🟩00:00–09:00 → Up 📈 BlackRock accumulation detected. Post-PPI relief rally continues. Japan IP 0.8% beat at 04:30 UTC supports risk-on sentiment. Bitcoin reclaiming $63K level.
🟨09:00–11:00 → Slow ☕ China New Loans at 09:00 UTC (forecast 450B vs -10B prev). Massive stimulus expected but low liquidity Friday session. Consolidation between $63K-$64K.
🟩11:00–15:00 → Up 🚀 Michigan data at 14:00 UTC. Forecast: 1-Year Inflation 4.8%, Consumer Sentiment 46.6. If inflation expectations cool = DXY drop = BTC push toward $64.5K resistance.
🟨15:00–18:00 → Slow 🛡️ Baker Hughes Rig Count at 17:00 UTC. Post-Michigan digestion. Friday profit-taking begins. Range-bound action typical.
🟨18:00–00:00 → Slow 🎯 CFTC positions at 19:30 UTC reveal institutional positioning. Weekend war uncertainty caps gains. Expect choppy close into Saturday.
Bias: Relief Rally → Oversold Bounce Continuation ➡️
RSI 39 — Recovering from extreme oversold (21), momentum shifting neutral-bullish.
#NFA #DYOR 🔥
Not a futures signal
⚔️War headlines chaotic: Trump claims ceasefire deal while explosions reported in Iran. Market ignoring geopolitics, focusing on macro. Oil down on demand destruction, not supply normalization.
🛢️PPI mixed: Headline 1.1% hot (vs 0.7% forecast) but Core 0.4% cool (vs 0.5% forecast). Rising headline driven by oil prices, not structural inflation. Fed can stay dovish despite print.
🏛️Jobless Claims 229K vs 220K forecast slightly hot but Continuing Claims 1,795K shows labour market cracking. Fed trapped between inflation and employment mandates.
📊BlackRock buying detected on MACD divergence. RSI recovered from 21 to 39. Relief rally from $60K lows legitimate but not yet confirmed reversal. Need break above $64.5K resistance.
💎Strategy: Michigan data key today. If inflation expectations miss = long continuation to $64.5K. If beat = retest $62.5K support. RSI 39 allows room for upside before overbought.
$NVDAB $TSLAB #PPI