$BTC Here’s the latest on Bitcoin (₿BTC):

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💰 Current Price & Market Snapshot

• Price: around $105,382 USD, with a minor intraday gain of +0.25%.  

• 24‑hour trading volume: approximately $35 billion. 

• Market cap: just above $2.09 trillion, circulating supply is ~19.88 million BTC. 

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📰 Recent Price Drivers

• Geopolitical tensions between Israel and Iran have stirred volatility, with Bitcoin dipping below $105K before briefly bouncing back above $106K. 

• Technical analysis signals mixed patterns: both bullish fractals suggesting possible rally, and a descending triangle hinting at a possible breakdown toward or below $100K. 

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🔎 Market Analysis & Outlook

• A Benzinga report notes Bitcoin has surged 656% in the current cycle (since 2022), mirroring past bull runs. 

• Cointelegraph highlights that leading on‑chain indicators still show no signs of a peak: some models project potential top targets of $135K–$230K during this cycle. 

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📌 Summary

Bitcoin remains in a strong bull market, currently sitting around $105K–$106K, but is facing short-term geopolitical and technical pressures. With on‑chain metrics indicating further upside, analysts suggest there’s still room for growth—though a pullback toward $100K can’t be ruled out.

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🔭 What to Watch

• Geopolitical developments, particularly in the Middle East, which could spark volatility.

• Technical boundaries: key zones around $100K support and $110K resistance.

• On‑chain models (MVRV, Pi Cycle, etc.) for signs of market fatigue.