#BinanceSquare
Bitcoin continues to consolidate near $106,000, reflecting a resilient market despite recent volatility and cautious investor sentiment. Over the past year, Bitcoin has surged 61%, driven by robust institutional adoption and increased regulatory clarity. Technical analysis shows BTC holding above key support at $104,000, with analysts eyeing a potential rally toward $108,000 if current levels persist. Forecasts suggest Bitcoin could reach as high as $130,000 by August, fueled by ETF inflows and strong buying interest from major institutions. However, a break below $102,000 may trigger a deeper correction. As trading volumes dip and the market awaits the next catalyst, long-term sentiment remains bullish, with experts projecting continued growth for the world’s leading cryptocurrency