$BTC Here are today’s top Bitcoin headlines and analysis:
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📈 Market & Price Moves
Bitcoin is hovering near record peaks around $110,000. It recently surged to $110,400, just under its May 22 high of ~ $112,000, driven by lower inflation, improved Fed easing expectations, institutional ETF flows, and a technical bullish "golden cross" .
Analysts view **$112K as key resistance **, with potential upside toward $137K. On the downside, $107K and $100K remain major support levels .
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🏛 Institutional & Regulatory Developments
MicroStrategy (“Strategy”) remains the largest corporate Bitcoin holder with ~581K BTC (~ $63B), funding acquisitions through convertible debt and equity. They continue pushing their business intelligence platform alongside Bitcoin accumulation .
In Japan, hotel group Metaplanet plans an ambitious acquisition of 210K BTC by end‑2027, via a $5.4B raise, pivoting into a Bitcoin treasury model .
U.S. policy progress in stablecoin regulation and pro‑crypto signals (especially from Trump-era initiatives) may support Bitcoin reaching $150K+ in this cycle .
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💥 Crypto Crime & Security
In New York, two men pleaded not guilty in a brutal kidnapping case where they tortured a friend to force a Bitcoin password surrender. The alarming violence highlights escalating crypto‑related security risks .
Separately, Paraguay’s president’s X account was hacked, falsely announcing Bitcoin legal‑tender status. It’s under official investigation .
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🔮 Price Forecasts & Catalysts
Projections remain bullish: targets range from $120–125K in the short term to $200K–$1M long-term, with mainstream eyes on upcoming Fed rate decisions, U.S. jobs data, and central bank digital asset strategies .
Ongoing technical retests around $108–110K suggest short-term stability, though whale activity has cooled slightly near all-time highs .
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🧠 Technical Insights
On-chart signals show a bullish flag breakout and golden cross — both suggest room for upward momentum .
