$BTC
Stability near $108K: Bitcoin has been holding steady in this range after recent highs near $112K seen in May .
Institutional interest: Despite large whale movements (~500K BTC sold), institutions (ETFs, treasuries) have absorbed more—around 900K BTC over the past year .
Short‑term outlook: Technical signals suggest continuation of this consolidation, with analysts eyeing a potential break toward $120K if momentum builds .
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📌 Key Levels to Watch
Level Significance
~$107–108K Support zone tested recently
~$110–111K Immediate resistance (recent high)
~$120K+ Next upside target if breakout happens
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✅ Summary
Bitcoin today remains in sideways consolidation, showing resilience around $108K. With institutional buying offsetting whale selling, the next major breakout could push toward $120K, assuming macro conditions remain favorable.