$BTC

🔥 Bitcoin at $107 K: Breakout Confirmation or Pullback Looming? (17–23 June)

📈 **BTC Price Action Update**

Bitcoin just broke above the $107 K resistance, peaking near $108 800 intraday before pulling back slightly to $107 133. Watch for a **higher low** around $105 500—if that holds, we could see a push toward $112 000.

📉 **Bear Scenario**

A decisive close below $105 500 might trigger a deeper retracement to the $102 000–$103 000 zone.

🧠 **Market Sentiment**

* **Fear & Greed Index**: 68 (greed, but slowing)

* **ETF Flows**: Mild inflows into BTC ETFs this week

* **Whale Activity**: Large addresses accumulating between $106 000–$107 000

📊 **Key Levels**

* **Support**: $105 500 / $102 000

* **Resistance**: \$108 800 / $112 000

* **RSI (4H)**: ~60 (still room to run)

📌 **My Strategy**

> I’m scaling in longs on pullbacks to \$106 500 with a tight stop at \$105 300. If we break \$108 800 with volume, I’ll add to my position targeting \$112 000.