Bitcoin (BTC) is trading around $105,239 today, showing a mild upward trend with a 1% gain over the past 24 hours.
The price has remained in a tight range between $104,000 and $106,000, indicating sideways consolidation. Support is seen near $103,400, while resistance lies around $105,500.
Market sentiment is cautiously bullish, backed by easing geopolitical tensions and steady institutional interest through Bitcoin ETFs. The U.S. Federal Reserve’s recent decision to hold interest rates has also helped boost crypto market confidence.
A breakout above $105.5K could trigger upward momentum, while a drop below $103K may signal short-term bearish movement.
