🚨 Bitcoin – Update of June 17, 2025 🚨

📊 Today's Price: $107.4k (intraday range $106.4k–$108.8k)

📉 Strong support around $105k

📈 Ongoing technical breakout with 50/200D moving averages trending upward & breakout from 'smart money' zone

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🔥 3 Main Catalysts

1️⃣ Middle East Geopolitics

⚔️ Despite tensions, $BTC has held firm and recovered above $106k

2️⃣ ETFs & Institutional Flows

🏦 Trump Media has filed for a BTC-ETH ETF

💰 Spot ETF with +$1.4 Billion in weekly flows, AUM > $110 Billion

🏢 MicroStrategy = 581k BTC in corporate treasury

3️⃣ Macro Framework & Rates

📉 Real rates declining, poised for Fed cuts

💹 Increasing correlation with equities, but momentum remains strong

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⚠️ Relevant Risks: Middle East, Fed rates, ETF regulation, stock correlation

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🧭 Conclusion

Bitcoin maintains a positive technical structure with bullish signals in the short-to-medium term. The support cushion at $105k and institutional push suggest potential new highs above $115k—but a geopolitical or macro narrative challenge could reopen pullback risks.