$BTC Market Overview

Current price: ~$105,265 — a modest +0.19% increase on the day.

Daily trading range: $104,402–$106,043.

Intraday sentiment: Slightly bullish, with subdued volatility.

---

⚖️ Context & Influences

Geopolitical Tensions

Bitcoin remains resilient near $104K despite Middle East conflicts and mixed U.S. data. It's holding strong within 1–2% of its all-time highs ($111–112K) .

A Bitcoin dip to ~$103K occurred after Israel‑Iran tensions flared—but it quickly bounced back .

Broader Asset Rally

U.S. stocks, gold, and Bitcoin are all climbing together—a rare trio of simultaneous peaks, driven by dollar weakness (~‑9% YTD), easing trade fears, and institutional inflows .

Technical Indicators

BTC is hovering near key levels:

Immediate resistance just above ~$106K–108K.

Support around ~$103K–104K.

Mixed signals: MACD shows short-term bearish crossovers; Stochastic RSI hints at oversold conditions—suggesting the possibility of a swift bounce .

Sentiment & Models

Fear & Greed Index leans toward “Greed” (~61–63) in recent days, signaling bullish momentum .