š Todayās BTC Snapshot .
On Friday, Bitcoin reclaimed the $106K zone, climbing about 1.2% intraday after hovering between $104Kā$105K over recent days. The move was driven by slightly improved risk appetite as geopolitical tensions easedāespecially de-escalation signals in the Middle Eastāand the Fedās decision to hold rates steady.
š What Traders Should Track
ā”ļøGeopolitical sentiment: Crypto rallied as markets reacted positively to a temporary lull in U.S.āIran tensions and reduced oil prices .
ā”ļøMacro regime: Stable Fed rate signalsāwith only one rate cut expected this yearākept crypto modestly bid.
ā”ļøTechnical positioning: BTC is consolidating in a channel between $104Kā$108K. A break above recent highs (~$106.5K) could open the door to a move toward $145K in Q3.
ā”ļøInstitutional flows: Bitcoin-linked equities and ETFs rallied alongside crypto, reflecting renewed institutional confidence.
ā” My Take & Trade Plan
ā”ļøConsolidation = opportunity: Iām eyeing range trades between $104Kā$108K, adding longs near support with tight risk management.
ā”ļøCatalyst monitor: Next resistance levels are $106.5Kā$108K. A clear breakout with volume could lead to $120Kā$145K rally.
ā”ļøEyes on macro & geopolitical: Quick spikes or volatility could come if tensions flare or macro policy shifts.
š Quick Tip
When BTC bounces without fresh catalysts, it's often a reboundāobserve for follow-through volume. Breakouts with volume are your true signal to scale in.
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