$BTC 📊 Price & Technical Snapshot

Current Price: ~$107,200—up ~2.0% on strong buying.

Key support: ~$104K–$105K demand zone. Rebounded this week from dips

Resistance levels: Near-term ceiling around $108K–$110K, with a bullish target between $112K–$120K if volume sustains .

🌍 Market Context & Sentiment

Geopolitical impact: Brief dip from Middle East tensions, but Bitcoin rebounded swiftly; analysts expect it to stay above $100K unless conflict escalates

Institutional optimism: Experts forecast Bitcoin hitting $150K–$200K+ by year-end, backed by inflows from ETFs, public treasury adoption, and policy tailwinds

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Macro trend: Stocks, gold, and Bitcoin are rallying together due to a weakening dollar and safe‑haven appetite

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🔐 Dominance Shift & Altcoin Rotation

BTC Dominance: Stands at ~64–65%—a multi-year high in dominance, driven by rising institutional engagement .

Altcoin implications: Historically, altcoin rallies follow once Bitcoin dominance stabilizes or peaks. We may see a rotation into ETH and select altcoins soon

📈 Trader Perspective

Short-term outlook: BTC is consolidating within a bullish flag/pennant. A breakout above $108K–$110K could trigger further upside toward $112K+, while holding above $105K remains crucial

Signals to watch:

Bollinger midline support near $106K

MACD histogram shrinking bearish grip—potential trend flip

Fee flows: Institutional inflows via ETFs and treasury stockpiling signal continued broader market confidence