#BTC110KToday?

🔍 What is driving the price?

📉 In recent weeks, Bitcoin has been settling in the range of US$ 100 – 110 thousand, reflecting lower profit-taking and more moderate on-chain activity.

📊 Analysts state that for a true breakout above US$ 110 thousand, a spike in on-chain transfers and spot trading volume will be necessary — indicators that have not yet confirmed this.

💰 Institutional interest continues to rise. BTC spot ETFs recently recorded a net inflow of US$ 589 million, including US$ 436 million in BlackRock's IBIT.

🕰️ Technically, the key resistance zone is between US$ 107 – 108 thousand. Bitcoin has already surpassed this level, but is now testing whether it can maintain and advance towards US$ 110 – 112 thousand.