#BTCbelow100k Quick overview

• Today, the price is flirting around $101,200, with a drop of about 4% since yesterday – the low has been seen around $98,460, while the high was around $102,910 .

• Throughout this Sunday, around 10:52 ET, BTC was already down about 4.1%, trading at $99,237.

Why is this happening?

1. Post-high adjustment ➝ After a peak near $106k on Friday, it was natural to see this pullback as profit-taking.

2. Cautious macro environment ➝ Geopolitical tensions (like in the Middle East) and a Fed signaling a “pause” on interest rate hikes are making the market more nervous .

3. Indicative macro volume ➝ There are indications that the OBV volume continues to grow while the price moves sideways – a sign of accumulation underneath, typical before a breakout towards $130k+ .

Techniques and general sentiment

• “Bull flag” formation: This chart pattern, with a rising trend followed by consolidation, often precedes a real jump. Projections suggest $130k–135k by the 3rd quarter.

• Analysts from 99Bitcoins see a local bottom between $58k–59k around June 20 to 22. After that, a possible short bounce to $62k before a new decision .

What’s next?

• Short term: we continue in the range dance between $100k and $104k–106k. Volatility will still throw some quick shocks.

• Medium term: if the OBV and bull flag pattern confirm, we are looking at a strong rally in the coming months.

• Long term: the institutional fever is… US banks creating strategic reserves, companies like MicroStrategy accumulating more and more BTC (already around ~592k coins)   . This strengthens the case for value as “digital gold”.

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Tip of the day 😎

If you like to trade, look for a well-defined setup: enter if it passes $104k with volume, stop close to $100k. If you’re HODLing, keep smiling: the OBV suggests that good players are accumulating.$BTC