$BTC

Current Price & Market Tone

Bitcoin is trading around $102,666, slightly down (~0.8%) in the last day. It peaked near $103,983 and dipped to about $101,183 during intraday action.

🔍 Market Movers & Drivers

Federal Reserve’s cautious stance: The Fed’s “hawkish pause” on interest rates created mixed sentiment—supportive for crypto, but with caution .

Geopolitical pressures: Tensions in the Middle East linger, but haven demand is maintaining BTC above $105K at times .

Corporate accumulation: Firms like MicroStrategy (now “Strategy”), Tesla, and Metaplanet are buying BTC for their treasuries—MicroStrategy alone holds over 590k BTC .

Institutional inflows via ETFs: Spot Bitcoin ETFs are attracting steady capital, helping reinforce price floors .

📊 Technical Support & Outlook

BTC remains range-bound between $100K and $111K–$112K, with key support around the **50-day EMA (~$104.6K)** .

Analysts predict a potential break to $120K–125K by June, with optimistic forecasts projecting $150K–$230K by year-end