$BTC
Bitcoin is currently trading around $109,584, slightly up from yesterday’s close, showing resilience near the $110K resistance zone. Strong institutional inflows—nearly $50 billion into Bitcoin ETFs—are bolstering momentum and lending legitimacy to Bitcoin as an emerging mainstream asset . Technicals indicate short-term exhaustion with RSI hugging overbought levels and limited fresh spot volume to propel a breakout beyond $112K . However, analysts are optimistic: Binance data shows ~60% odds of BTC reaching $115K by mid‑July, while Bitwise projects up to $136K this month, citing geopolitical tailwinds and institutional demand .
Outlook: Expect short-term consolidation between $108K–$112K, with the next breakout likely driven by ETF flows and macro developments.