Bitcoin is trading around $107,200, showing a slight pullback after recent gains. This dip comes as over $17 billion worth of BTC and ETH options are set to expire today—one of the largest expiries of the year. This event often leads to short-term volatility, as traders adjust their positions.

Despite the temporary correction, the broader outlook remains bullish. Continued interest from institutional investors, steady inflows into Bitcoin ETFs, and optimism around global crypto regulations are supporting the long-term trend.

Analysts suggest that if Bitcoin holds support near $106,000, it could soon test resistance levels above $108,500, potentially breaking higher in the coming weeks.

In short: Today’s slight dip may just be a pause before the next move up.#bitcoin $BTC #WCTLaunchpool