$BTC

Recent Trend: Bitcoin briefly surged toward all-time highs (near $112K in May) before retreating on inflation concerns and geopolitical worries.

, drawing attention to Bitcoin as a corporate asset.

Spot Bitcoin ETFs now hold over $132 billion in assets, marking significant institutional inflows, although some weeks have seen outflows.

Rising tensions in the Middle East triggered a sharp ~5% Bitcoin selloff as investors rotated

Support Levels: $106K–$108K zone is acting as strong support. A drop below $103K–$106K could test the psychological $100K level .

Resistance Levels: $111K–$112K is the key resistance range. A sustained breakout could lead BTC toward $120K and beyond.

Outlook: Analysts see upside momentum. One strategist from 21Shares believes Bitcoin could reach $200K by year-end. Bloomberg and other analysts mention the potential for BTC to hit up to $150K–$200K .

Bitcoin is trading slightly lower today but remains in a bullish multi-month pattern. Key drivers include falling inflation, strong institutional adoption, favorable regulation, and geopolitical sentiment. Near-term support lies around $106K–$108K, with critical resistance at $112K. If momentum holds, a surge toward $150–200K by the end of the year is within analyst forecasts — though risks from geopolitics, macro shifts, or regulatory changes remain.