$BTC 🚀 Bitcoin now: in the spotlight of institutions and macro analysis

#Bitcoin #BTC #CryptoUpdate #BinanceFeed

As of today, the price of BTC ≈ $105,927, trading in the range of $105,400–$106,100, demonstrating solid support at around ∼$105k. This indicates a stable market structure even amid geopolitical tensions and news (for example, the mobilization of the National Guard in Los Angeles).

📉 After a peak rally to ~$112k in May, a partial correction is observed, which analysts call a “healthy reset.” Potentially, this prepares the ground for a new wave of growth.

📈 What’s on the horizon?

• Bitfinex predicts a possible rise to $120–125k as early as June if the support level of $105k holds and macroeconomic conditions encourage the Fed to lower rates.

• Whale accumulation when purchasing above $108k also supports an optimistic scenario up to $120k.

🏦 Important trends:

• Institutional ETF funds continue to accumulate BTC — over $55 billion has been raised.

• There are signals that some states (USA, Czech Republic) may be forming their own