$BTC

Bitcoin (BTC) is trading around \$105,600 today after experiencing volatility driven by global events and institutional activity. Recent geopolitical tensions, particularly in the Middle East, briefly pushed BTC below \$103,000 before it rebounded. Positive sentiment has been supported by strong inflows into U.S.-listed Bitcoin ETFs for five consecutive days, signaling renewed institutional interest. Additionally, news of a U.S. “Strategic Bitcoin Reserve” has fueled optimism, positioning Bitcoin as a potential national asset. Analysts note that BTC is consolidating near key resistance levels around \$106,000 to \$107,000, with a breakout possibly leading to further gains. However, traders remain cautious as geopolitical uncertainty could trigger more short-term price swings.