#BTC110KToday? What Is Driving BTC Today?

1. Geopolitical Relief and Risk Sentiment

A ceasefire agreement between Iran and Israel and a weakening of the US dollar have shifted markets to a risk-on mode, benefiting Bitcoin along with stocks  .

2. Institutional Inflows and Whale Activity

Strong inflows into Bitcoin ETFs (over $1 billion last week); continued accumulation by large holders; whales remain active .

3. Technical Activation of Resistance Levels

After bouncing off lows below $100K, BTC crossed a key resistance at $107K. A breakout above this level generates momentum towards the next target at $110K, possibly