$BTC 📈 Market Snapshot (as of today)

Price: Around $105,500, with intraday swings between $104,800–$105,900 .

Weekly Flow: Modest 1% gain over the past 7 days .

Market Cap: Nearly $2.1 trillion, dominance ~66% .

---

🔍 What’s Moving BTC

1. Political Tensions Spark Volatility

Bitcoin steadied above $105K despite a public feud between Trump and Musk .

Earlier correction from ~$112K to ~$104K linked to macro uncertainties, notably US tariffs .

2. Bullish vs Bearish Technicals

Some analysts see a “cup-and-handle” bullish pattern forming .

Others caution headline-driven volatility and possible drop toward ~$96K if bearish patterns confirm .

3. Macro & Institutional Catalysts

June’s upbeat US jobs data lifted global risk assets last week .

Spot Bitcoin ETFs continue to attract strong inflows, creating steady buying pressure .

---

🧭 Outlook & What to Watch

Key Levels:

Support: ~$100K–$101K — tested last week and held .

Resistance: ~$107K–$110K — a break could trigger the next rally leg .

Catalysts Ahead:

Upcoming U.S. macro data (e.g., nonfarm payrolls) — could shift risk sentiment.

Bitcoin ETF flow data — reveals the strength of institutional demand.