$BTC

📌 Today's Overview of Bitcoin (BTC) Price

Bitcoin recorded today at $103,237, a slight increase of about 0.17% from the previous session's close, with fluctuations between $103,018 and $103,983.

🌍 Current Context and Analyses

1. Geopolitical Tensions

Despite rising tensions in the Middle East between Israel and Iran, Bitcoin has not declined significantly, reflecting notable resilience. Markets are closely monitoring developments there, particularly regarding oil prices and their impact on inflation.

2. Institutional Flows

The inflow of funds into Bitcoin spot ETFs will continue, surpassing $1 billion this week, indicating long-term confidence even amid tense geopolitical momentum.

3. Current Technical Position

BTC is trading within a narrow range between 102K and 112K since May, characterized by balance with potential resistance at around $105K–106K. The current support level is considered strong between 103K and 105K.

4. Scenario-Based Outlook

According to a Bitwise study, the market may witness additional gains of up to 31% within 50 days following geopolitical tensions, pushing the price towards approximately $140K.

While analytical forecasts indicate the possibility of a breakout towards $122–125K by the end of June, if institutional momentum continues and supportive technical indicators are activated.