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Bitcoin today is more connected to policies and institutional support, with the emergence of new ETF funds linked to political and media platforms, and this may form one of the major price drivers.
Technical Assessment: The overall trend remains positive in the medium term, but it is fraught with the risk of a sharp correction if it falls below the technical support.
Support is located at $100,000–$100,800; resistance at ~ $107,000, and breaking either one could determine the path in the coming weeks.
