$BTC

Bitcoin ($BTC ) is currently trading at $105,874 USD, with an intraday range between $104,005 and $106,451, reflecting a modest +0.88% daily gain.

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📊 Market Overview:

• Across multiple reliable sources, BTC is consistently hovering around the $104k–$106k range:

• CoinMarketCap reports approximately $105,897 USD .

• Coinbase shows a live price of $104,932–$105,218, with market cap near $2.09 trillion .

• CoinDesk lists a price of $104,889 as of this morning (EDT) .

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🔍 Recent Trends & Context:

• $BTC has held **steadily above $100k for over 40 days **, trading mainly in the $100k–$110k band .

• The market is slightly under pressure from short-term selling by miners and recent holders, counteracting ETF inflows .

Today’s gains reflect continued spot Bitcoin ETF demand and a stable macroeconomic setup .

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📈 Projections & Outlook:

Analysts see potential for a summer breakout toward $130k–$135k by August, citing on-chain metrics and reduced supply following the 2024 halving .

However, BTC currently faces resistance near $105k–$106k, with a narrow sideways trend during U.S. holiday pauses .

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🪙 Summary:

• Price: ~$105,874 (current), in line with broader market data.

• Range: $104k–$106k, with daily fluctuations.

Outlook:

• Short-term: Mild sideways pressure; holding strong above $100k.

• Mid-term: Possible rally toward $130k if momentum persists.