$BTC

📊 Market Overview & Price Action

BTC is hovering around $105K, rebounding after geopolitical volatility and exhibiting resilience amid global tensions .

While recent dips below $105K (and even $103K during peak tensions) reflect short-term pressure, ETF inflows have sustained its footing .

🏦 Institutional & Retail Flows

Bitcoin ETFs have posted five consecutive days of inflows, signaling growing institutional confidence despite the Middle East conflict .

A report highlights a broader adoption trend—owning a full bitcoin is increasingly seen as a modern “American Dream” among younger investors .

⚙️ Technical Insights

BTC briefly dropped to its 50-day moving average (~$103K), prompting elevated demand for protection (options skew suggesting puts > calls) .

Per technical analysis, breakouts above psychological levels (~$108K) could propel BTC toward $110K–$112K, with long-term models forecasting a climb to $120K–$150K+, perhaps even $200K later this year .

🌐 Macro & Geopolitical Dynamics

Israel‑Iran tensions triggered capital rotation, with BTC dipping below $103K at one point, though gold emergence and ETF inflows have helped it recover .

Bitcoin’s correlation with traditional markets such as stocks and gold is increasing amid dollar weakness and shifting investor sentiment .

🚀 Corporate & Government Developments

Infrastructure around BTC is growing:

A new SPAC-led bitcoin buying vehicle ($750M target) under Anthony Pompliano is in the works .

Corporations continue to expand BTC treasuries—though caution is warranted given elevated average purchase prices .