$BTC BTC Price & Market Capitalization:

Trading at approximately $103.4K, with a daily range of $102.6K–$106.5K .

Market capitalization is around $2.06 – $2.1 trillion, reflecting a circulating supply close to 19.88 million BTC .

📈 Price Trends & Analysis:

Bitcoin recently bounced above $106K, breaking a narrow range of $104K–$105K amid modest risk sentiment among investors .

Geopolitical tensions in the Middle East remain a hurdle— despite greater clarity, Bitcoin has not consistently demonstrated being a "safe haven" like gold .

The weakness of the US dollar could support the next rally, while future rate cuts from the Federal Reserve could add fuel to cryptocurrency markets .

🚀 Short-Term & Medium-Term Outlook:

Technical models show consolidation within a triangle between approximately $103.4K support and $105.6K resistance; a breakout above ~$108K could unlock bullish potential towards $122K–$125K .