$BTC Approaching all-time highs – BTC is hovering near its May 22 record of ~$112K, driven by cooler inflation data and expectations of future Fed rate cuts .

Strong institutional inflows – Crypto investment funds hit a record $167B in May, with BTC benefiting from ETF inflows amid broader hedging demand .

Potential upside scenarios – Analysts flag $112K as key resistance, with some projecting a rally toward $115K–$137K, while downside support lies around $107K and $100K .