Bitcoin ($BTC) is currently experiencing a powerful resurgence above $106K–107K, anchored by robust institutional demand and resilient despite global uncertainties. This week, spot BTC ETFs attracted over $1.3 billion in inflows, while Japanese firm Metaplanet added 1,112 BTC to its reserves, solidifying its position among top corporate holders . Technical indicators show an ascending triangle pattern—typically a bullish continuation signal—with key resistance around $108K and firm support near $104.8K . Even Middle East tensions have had minimal impact: Bitcoin dipped but swiftly rebounded, underscoring its increasing perception as a macro asset rather than a pure risk play .

Analysts now eye breakout potential above $110K; on the downside, a drop below $104K could trigger a corrective move toward $100K . Long-term forecasts remain bullish, with estimations ranging from $120K to $300K by year’s end, driven by decreasing exchange inventories and growing public and corporate adoption .

For investors and traders, current market conditions suggest a strategic entry zone between $106K–108K for accumulation, with tight risk-control near $104K. Watch for a potential breakout above $110K for confirmation of the next bullish leg. #BitcoinMomentum