🔥 **Breaking Update on Bitcoin $BTC – Active Movement Amidst Pressures and Upward Accumulations!**
📌 Today's Price:
Currently trading at ~103,480$, after reaching a session high of 106,451$ and dropping to 102,609$.
🔎 Key Events Today:
1. A sudden drop from 106k$ led to the liquidation of nearly 450 million dollars from long positions – according to CoinGlass data.
2. Nevertheless, Cointelegraph analysts indicate the formation of a bullish flag and increasing OBV accumulations, paving the way for a potential rise towards 130–135k$ during the summer.
3. Surpassing resistance at ~108k$ could open the door to a new historical level before the beginning of July.
💼 From an Institutional Perspective:
Strong ongoing investments, especially through Spot ETF funds and institutions supporting positioning above 105k$.
The recommendation from Swiss bank BBVA to increase its wealthy clients' exposure to Bitcoin by 3–7% reflects a radical shift in support from traditional banks.
🌐 Geopolitical and Economic Scene:
The release of the US Senate's stablecoin framework proposal (GENIUS Act) supports a clearer regulatory environment for stablecoins, enhancing investor confidence.
Despite geopolitical tensions, Bitcoin proves itself as a stable digital haven: now trading steadily above 106k$.
