#CEXvsDEX101 Bitcoin is currently trading around $107,200, marking a modest intraday gain of approximately 0.02%. It’s been fluctuating between $105,400 and $107,200 today, demonstrating range-bound behavior . Despite broader market uncertainties, including ongoing U.S.–China trade discussions and looming U.S. inflation data, BTC has held its ground above the $105,000 threshold .

Technically, the picture appears bullish. A bull-flag breakout emerged recently, hinting at an upside target as high as $144,000, fueled by heavy short positioning—over $15 billion in shorts could be squeezed if Bitcoin climbs 10% . However, momentum indicators are mixed: BTC briefly rebounded toward $106,000–$107,000 before facing resistance, and some analysts caution that a retracement to $100,000 may still be in