$BTC

Despite the geopolitical tensions in the Middle East, the price of Bitcoin remains stable at around 104–105 thousand dollars, with a slight breakthrough towards 106 thousand dollars amid support from positive economic indicators and declining inflation. Barron's report indicated a temporary drop to about 103 thousand due to escalating tensions, before the price recovered. On the technical front, some analyses are cautious, hinting at the formation of a descending triangle that could lead to a downward breakout, while Cointelegraph's analysis points to the remaining strength of the upward trend, with expectations of the price reaching 230 thousand–270 thousand dollars in this cycle. Bitcoin is still in a critical range (104–106 thousand), and its continued rise could be bolstered by ongoing institutional inflows and global economic balance.