$BTC

🧭 What It Means for You

Support Zone: $105,230–104,600 – likely to attract buyers.#BTCRecovery

Upside Breakout Targets: $106,780 → $107,740 (short-term), then possibly $110K+ if momentum holds.

Key Resistance Ranges: $106K–108K, $110K–111K (if bulls take charge).

Risk Alert: Watch $105,230 carefully—breach could open the door to $103–102K support layers.

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🌐 Broader Context & Regulatory Angle

Binance’s CEO, Richard Teng, emphasized how the pro-crypto U.S. environment, including rising Bitcoin ETF support under Trump, is legitimizing crypto adoption. He urged sovereign wealth funds and governments to reconsider allocating reserves into digital assets .

The SEC’s recent dismissal of its lawsuit against Binance was described as a “huge win for crypto” by the company. It credited this progress to a more crypto-friendly stance from the Trump administration .