📈 Market Update
Current trading range: BTC is hovering around $104 k–$106 k, having recently bounced from intraday lows near $100 k .
Volatility drivers: Price moves are being influenced heavily by geopolitical tensions, particularly U.S.–Iran/Israel developments. The dip below $100 k corresponds with news of U.S. strikes and potential retaliation .
Technical outlook: Key support lies around $100 k and $105 k–$106 k, with resistance zones at $107 k, $110 k–$112 k, and a bullish breakout above $112 k could spark new all-time highs .
Institutional interest: Large OTC accumulations by firms like BlackRock and MetaPlanet signal a growing institutional stake—BlackRock reportedly holds $70 billion in BTC, and spot ETF inflows continue
