$BTC

Here’s the just-in-time trader’s digest on Bitcoin (BTC):

📊 Market Snapshot

Current Price: ~$105,300 — up ~1.1% today, with intraday range between ~$103,940 and $106,100.

Momentum: Rallied from sub-$103K during Middle East tensions, buoyed by macro improvements and easing trade concerns .

Institutional Flow: Massive ETF inflows ongoing — US spot bitcoin ETFs hold over 1.13 M BTC, plus corporate treasuries (e.g., MicroStrategy’s 582K BTC) adding significant demand .

🔍 Technical Setup & Levels

Support: $104K–$105K — key zone confirmed during recent dip and bounce .

Resistance: $110K–$112K — prior ATH zone; breaking and holding this range could open a path to **$115K–$120K+** .

Chart Signal: Bull flag breakout formed; MACD & EMAs signal uptrend continuation if $110K is reclaimed .

🚀 Trend Drivers & Catalysts

1. Geopolitical chills: Middle East tensions triggered ~4% BTC drop to ~$103.5K — now fading, supporting renewed upside .

2. Macro tailwinds: Cooling inflation and receding trade fears are fueling risk-on flows across equities, gold, and crypto .

3. Institutional demand: Spot ETF AUM jumped from $91B to $132B since April; corporate treasuries continue amassing, tightening supply .

4. Regulatory & policy progress: Pro-crypto task forces (GENIUS, CLARITY Act), U.S. strategic reserve initiative, and supportive legislative momentum add confidence .

📈 Trader Playbook

Strategy Entry Zone Stop Loss Target

Support

Bounce $103.5K–$104K ~$102K $110K–$115K

Breakout

Long $110K+ vol $109K $120K → $130K

Scalp

Short Near $106K–$108K $108.5K $104K–$105K

🔑 Monitor: volume on retests and macro headlines (inflation, trade policy, geopolitical events).

⚠️ Risk Factors

Geopolitical flare-ups may send BTC back toward $100K–$102K.

ETF outflows or profit-taking in late-cycle rallies could create short-term retracements.

Macro surprises—hawkish Fed commentary or CPI/PPI beats could dent sentiment .

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