$BTC Here’s the latest on Bitcoin (BTC) — trading around $102,868, slightly down (~0.6%) from the previous close, with intraday highs near $104k and lows near $101k.
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📊 Market Sentiment & Technical Outlook
Sentiment is notably bearish: retail investor sentiment is down to its lowest levels in months—“multi‑month low”—though large “whales” appear to be accumulating, which could indicate an upcoming reversal .
Recent softening: BTC dipped under $104k (–4%) on June 21 but found support ~ $103.5k .
Analysts warn of further downside: bearish indicators like MACD and EMA suggest potential retests of $92.8k .
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🔍 Mid-Term Forecasts & Institutional Activity
Could surge to $330k: historical cycles and ratio analysis propose a potential triple from current levels before this bull market concludes .
Summer rally to $130–135k: on-chain volume patterns resemble prior parabolic seasons, making this a plausible near-term target .
All-time high revisited: BTC first surpassed the $111,970 mark on May 22, 2025 .
Institutional inflows: companies like “Strategy” (formerly MicroStrategy),