$BTC

Bitcoin is currently trading around $102.9K, moving within a narrow range between $101K and $104K. Despite geopolitical tensions, especially in the Middle East, BTC remains resilient above the key $100K support. Technical charts show a potential breakout setup, with symmetrical triangle patterns holding strong. Options data reflects cautious sentiment, with major expiries clustered around the $105K zone. Institutional demand, including ETF inflows and bank support, continues to provide upward pressure. A sustained move above $106K could open the path to $120K, while a drop below $100K may signal deeper corrections.