$BTC Here’s the latest on Bitcoin (BTC):
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📌 Current Price
**$103,731 USD**, slightly down (~0.02%) from the previous close. Intraday range: $102,609 – $106,105
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📰 Market Context
As of June 20, Bitcoin edged above $106,000 USD, buoyed by improved investor risk sentiment amid geopolitical strains and expectations for U.S. interest rate cuts .
However, it cooled off slightly early this week, hovering between $104K – $105K, amid a cautious Fed stance on rates .
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🔍 What This Means
Volatility remains high—daily swings of $2K–3K are common.
It's being treated as a risk asset: sensitive to Fed policy cues and geopolitical news.
That said, geopolitical tensions are still propping up a support floor around $104K.
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🔮 Outlook & Watch Points
Upside potential: If risk appetite solidifies and the U.S. Dollar weakens, BTC could regain **$106K+** .
Downside risk: A hawkish Fed tone or sudden risk-off moves could test support near $102K.
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