๐ ๐ฝ๐๐ฉ๐๐ค๐๐ฃ ๐๐ฉ $107๐: ๐๐๐ ๐พ๐๐ก๐ข ๐ฝ๐๐๐ค๐ง๐ ๐ฉ๐๐ ๐๐๐ญ๐ฉ ๐ฝ๐ช๐ก๐ก ๐๐๐ซ๐?
Bitcoin is currently hovering near $107,000, consolidating after its explosive May rally past $111K. Despite the slight pullback, momentum remains firmly bullish as institutional inflows surgeโBinance alone saw whale deposits double in just 24 hours.
๐ Market Signals to Watch:
ETF Demand is accelerating, with BlackRock hinting at deeper crypto expansion.
On-chain activity shows growing long-term holder confidence, with exchange outflows rising steadily.
Resistance now stands between $118Kโ$123K, while any dip near $100Kโ$105K could be a golden entry.
๐ง Meanwhile, macro tailwindsโlike easing geopolitical tensions and increased U.S. political interest in Bitcoinโare fueling long-term projections. Philippe Laffont even sees BTC's market cap hitting $5 trillion in the coming cycle.
๐ฅ Whatโs Next?
Bitcoin is no longer fringeโit's finance. Buckle up. The next leg might be the biggest yet.