$BTC 🚀 BITCOIN PRICE SURGE 🚀
Market Overview
• BTC trading at $107,580 after rebounding from sub-$100K levels
• Consolidating in $102K-$112K range following first sustained move above $106K since early June
• Price action reflects renewed investor confidence amid broader recovery
Key Drivers & Opportunities
• Geopolitical: Iran-Israel ceasefire sparked 6.2% 24-hour surge, reversing 45-day low
• Institutional: Strong ETF inflows continue with notable whale accumulation (+4.8% in 100+ BTC wallets)
• Technical: MACD shows bullish crossover; RSI at 54.3 with room for growth; resistance at $108,500
• Trading Strategy: Consider long positions above $106,500; monitor $100K support level
Market Sentiment
• 80.45% bullish community outlook with three dominant narratives:
• 106K Reconfirmation
• ETF Flows
• Asia Volatility
• Q3 outlook positive with $130K-$135K projections, though possible consolidation near $110K first