This week, Bitcoin is experiencing volatility

📈 Technical and Fundamental Analysis

• According to a report from CoinDesk, the MACD indicator is about to give a positive signal, and the expansion of Bollinger Bands usually precedes major bullish waves in the medium term.

• Cointelegraph sees Bitcoin moving within an 'Ascending Broadening Wedge' pattern, with expectations of reaching $200,000 and possibly $270,000 by October.

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💰 Institutional Flows

• Money flows towards Bitcoin investment products (ETPs) continued for an additional week, with flows of $1.3 billion for Bitcoin alone this week, bringing the total to $12.9 billion over the last 9 weeks.

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🌍 Geopolitical Impacts

• Tensions between Iran and Israel are affecting the market, as Bitcoin has experienced daily cycle volatility, but it still maintains levels above $105,000–$106,000.

• TradingView warns of the possibility of a sharp correction and a drop to $90,000 if geopolitical tensions escalate.

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🤔 Quick Summary

The market sentiment is neutral-bullish, according to technical signals.

The corrective risk is present, it may drop towards $90,000.

Institutional flows are strong.

Geopolitical impact is a temporary pressure factor, but it is supported by ETP flows.

Conclusion: Bitcoin this week is moving in a potential upward range, supported by huge flows and a positive technical pattern, but corrective risks remain high if tensions in the Middle East escalate.$BTC