#btc

Today’s Bitcoin outlook, covering technical levels, institutional ETF flows, and key headlines:

🔍 Technical Analysis & Price Outlook

• Support & Resistance Levels

• Support floor: ~$100 K (recent intraday low ~$100,781).

• Major lower support: $95 K–$100 K.

• Key resistance: $105 K–$106 K (intraday high ~$105,888).

• Extension resistance: $107 K–$108 K, potential breakout zone  .

• Momentum Indicators

• RSI and MACD from earlier bounce off $80 K show cautious optimism. MACD remains neutral, hinting at potential continuation if price breaks above $105–106 K  .

• Shorter-term charts show consolidation/brake from recent surge—volatility slowing, suggesting pause before next move .

• Trading Strategies

• Swing traders: Look for breakout above $105–107 K for entry with tight risk control.

• Long-term holders: Consider accumulation during dips near $95–100 K, deeper levels around $80–85 K offering better value  .

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2. 🏦 Institutional Flow & ETF Activity

• Surging ETF Inflows

• April saw a massive spike in daily spot Bitcoin ETF inflows—$912 M in one day, 500× the daily average for 2025 .

• US spot ETFs continue to attract institutional capital—recent quarter filings show both trimming and strategic positioning among hedge funds and sovereign wealth groups .

• Upcoming Spot ETF Catalysts

• ARK 21Shares Bitcoin ETF share split (3:1 effective June 16) improves affordability and liquidity .

• Trump Media’s proposed “Truth Social Bitcoin ETF”, filed with SEC and backed by Yorkville and Crypto.com, adds a new player in the spotlight   .

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3. 🗞️ Today’s Market Drivers

• Political/Macro Influence: Continued volatility stems from geopolitical tension (e.g., Trump vs. Musk) and macroeconomic policy outlooks  .

• Fed Outlook: All eyes on upcoming U.S. macro data—job figures and inflation reports could shift BTC sentiment strongly, akin to past movements