$BTC

What’s Going On With BTC?

Price & Trend

BTC is hovering around $105,000, down from an all-time high near $112,000 in late May

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After peaking at $111,970 on May 22, it's undergoing a modest (~6%) correction but remaining in a broad bullish trend

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Technical Levels

🔹 Support: Around $100K (psychological) with a secondary zone near $95.5K–$100K

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🔹 Resistance/barrier: $107K — need a breakout here to aim at new highs (~$112K+)

businessinsider.com

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Market Sentiment & Catalysts

Cooling off after reaching highs, partly due to macro event uncertainty (tariffs, court directions) and normalized profit-taking

binance.com

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Institutional inflows into spot-BTC ETFs continue strong, reinforcing structural demand

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🚀 What It Means for You

If you're bullish:

Wait for a dip toward the $100K support zone to consider buying.

A sustained break above $107K could signal a move toward $112K+.

If you're cautious:

You may want to watch how BTC reacts around $100K—a bounce could reaffirm the uptrend, while a breakdown might open a deeper pullback to $95K–$92K