$BTC

⚔️ **Key Battle at $106K Resistance**

Bitcoin is consolidating near **$105,000–$106,000**, a critical resistance zone. A daily close above **$106,900** could trigger a rally toward **$109,000** (May highs) and beyond. Conversely, failure risks a pullback to **$102,500–$100,000** support .

### 📅 **June 9: A Pivotal Date**

Today’s weekly close is under scrutiny due to a potential bullish **Ichimoku "TK cross"** (Tenkan-sen above Kijun-sen). If confirmed, this technical signal could validate the 2025 bull cycle, targeting new all-time highs .

### 🏦 **Institutional Demand Remains Strong**

Spot Bitcoin ETFs have absorbed **$78 billion YTD**, with BlackRock and Fidelity leading inflows. Institutional wallets holding **5,000+ BTC** grew **6.7% in Q2**, reinforcing structural support .

### 🌍 **Macro Tailwinds**

- **Cooling U.S. inflation** (CPI at **2.4% YoY**) and potential **Fed rate cuts** in July are boosting risk assets .

- **Regulatory clarity** (MiCA in Europe, SEC ETF approvals) reduces systemic uncertainty .

### ⚠️ **Near-Term Risks**

- **Regulatory shocks** or **whale dumping** could spark volatility.

- A break below **$98,000** may accelerate selling toward **$95,500** .

### 💎 **Long-Term Outlook**

Experts project **$155,000–$200,000 by 2025**, driven by institutional adoption, post-halving supply scarcity, and Bitcoin’s role as a **"non-sovereign store of value"** amid fiscal instability .

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### Summary Table: Bitcoin Key Levels & Catalysts

| **Metric** | **Current Value** | **Significance** |

|------------------|------------------------|-----------------------------------------------|

| **Price** | ~$105,000 | Battling $106K resistance |

| **Support** | $102,000 / $100,000 | Must hold to avoid correction |

| **ETF Inflows** | $78B (YTD)