$BTC

- **Price Dynamics**: BTC is currently priced around $105,000, having reached a historical high of $112,000 in May, and is currently in a consolidation phase. Key support is at $100,000, with resistance at $108,000-$112,000.

- **Institutional Accumulation**: The U.S. has launched a strategic Bitcoin reserve, while Pakistan has introduced a national mining plan, indicating a continued rise in institutional demand.

- **Technical Outlook**: If it breaks through $112,000, it may reach $120,000; if it falls below $100,000, it could pull back to $90,000.

- **Macroeconomic Impact**: The Federal Reserve's policy direction in June is a key variable, with interest rate cut expectations potentially aiding BTC's breakout.