$BTC 📉 Current Situation

• Price hovering around US $107,100, after reaching an intraday high of US $110,277 yesterday — a slight correction of ~1.6%

•The recent momentum pushed it above US $110,000, close to its ATH from May (~US $111,970), but currently it remains between US $107,000 and US $110,000

🧭 Technical and Institutional Outlook

•In the short term, BTC shows signs of consolidation: resistance near US $110,600–111,000; firm support between US $106,000 and 107,000

•The drop in the CPI in the U.S. (0.1%) generated expectations of rate cuts, which triggered bullish projections of up to US $200,000 by the end of the year according to 21Shares, with an intermediate target of US $138,500 for the summer

•Other forecasts estimate ranges of US $150,000–230,000 by the end of 2025 and even a long-term target of US $1 million

🏦 Institutional Adoption

•Continued influx of institutional capital: May closed with record flows of US $167 billion in crypto funds, highlighting US $5.5 billion towards Bitcoin

•Companies like MicroStrategy and GameStop continue to increase their exposure to BTC, evidencing the evolution of the “treasury companies” approach

🛠️ Strategic Reflection

1. Continue Bullish?

•Strong technical support and macroeconomic catalysts point to a potential upward breakout in the short term towards US $110,000+.

•With sustained momentum, a rally to US $120,000–138,000 doesn’t seem far-fetched; and with dynamism, even approaching US $200,000

2. Correction Risk

•If it breaks the support of US $106,000, profit-taking sales could increase, bringing the price down to US $100,000–103,000

3. Binance Strategy

•Consider mixed strategies:

•Hedging in stablecoins to protect against volatility.

•Staggered participation (“dollar-cost averaging”) if you expect a further rise.

•Use of institutional products like spot ETFs (available in the U.S.) for regulated exposure.