Bitcoin is currently trading around $105,106 USD, with a daily price range between roughly $104,402 and $106,043. Here's what you should know about recent BTC trends:
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📈 Market Momentum
The token is hovering near the $105K mark—significantly below its all‑time high of just under $112K reached on May 22, 2025 .
Technical indicators remain optimistic: a “golden cross” and breakout from bullish chart patterns suggest potential movement toward $112K or even $137K .
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🔍 Key Price Levels to Watch
Support: Critical levels around $100K, with intermediate supports at $107K and $107–$108K offering buffers during pullbacks .
Resistance: Market often refracts at $110K–$112K—will be crucial for any sustained uptrend .
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🧭 Macro Factors & Outlook
Traders are eyeing potential Fed rate cuts amid cooling inflation—if confirmed, Bitcoin could rally further .
On‑chain analytics and institutional flows remain bullish. According to CoinGlass, none of 30 major indicators signal a bull‑market top yet, pointing to upside toward $135K–$230K this cycle .
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🧠 Summary
Although Bitcoin has cooled from its midsummer highs, it's holding firm above $105K. With solid technicals and supportive macroeconomic setups, the path ahead could drive BTC toward $112K and beyond. Still, $100K remains a key floor—breaking below that on sustained volume could open the door to deeper retracements.
Let me know if you want a deeper dive—on chart trend lines, macro drivers, on‑chain signals, or long‑term outlook!
