$BTC

Here’s the latest on Bitcoin (BTC) as of June 16, 2025:

---

📌 Quick Snapshot

Price: ~$107,028 (up ~1.66% today)

Intraday Range: ~$104,600 – $107,120

---

📈 Market Moves

Bitcoin surged to above $106K following a pullback from the Israel–Iran conflict, showing resilience amid global tensions .

Expert on‑chain indicators remain bullish — no peak signs yet. Analysts suggest potential upside to $135K–$230K this cycle .

Technical recovery from the $104K–$105K demand zone points to optimism around $108K in the short term .

---

🌍 Why This Matters

Institutional buyers (like MicroStrategy and Metaplanet) keep accumulating, boosting confidence .

With weak U.S. dollar and geopolitical unrest, Bitcoin is functioning as a hedge alongside gold and equities .

---

🧭 Looking Ahead

Support: $104K–$105K zone is key; holding here maintains bullish momentum

Resistance: Eyes on $108K–$110K; a close above may pave the way to $120K+ short-term gains

Macro factors to watch: Central bank decisions, global conflicts, and institutional adoption trends

---

Want a social media post or Binance Feed article based on this analysis? Just say the word!