#Bitcoin #BTC110KToday? Update (June 28, 2025)

• Current Price: $107,332 (ranging $106,515–$107,572 today)

• Market action: Slight pullback after topping near #BTC $108K–$110K; expected to remain volatile with large options expiry looming (~$40B).

• Drivers: Strong institutional inflows via spot ETFs, continued macro investor interest, and potential long-term upside amid dollar weakness.

• Levels to watch: Support at $100–102K; resistance at $108–110K. A break above that zone could trigger a rally toward $112K+.

• Outlook: Short-term consolidation with high volatility; medium/long-term bullish as inflows and adoption trends remain favorable.

HIGHLIGHTSSSSSSSSS

Price dip on June 27: Bitcoin fell ~0.8%, touching around $106,650 as traders secured profits following a strong rally. Analysts expect renewed momentum supported by favorable ETF inflows, weakening USD, and regulatory tailwinds

Wednesday surge above $106K: Surpassed this threshold driven by easing geopolitical tensions, institutional buying, and increased activity from large holders (“whales”)

Analyst Philippe Laffont sees BTC’s market cap doubling to $BTC 5 trillion (implying ~$230K), citing reduced volatility, dollar weakening, and de‑dollarization trends

Meanwhile, Mudrex CEO Edul Patel emphasizes patient, long‑term investing amid macro uncertainty — with a potential upside to $250K

DYOR

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