💰 Current Price Range
Trading around $106,962 USD, with intraday highs just over $110,000 and lows near $106,950 .
📉 24‑Hour Change
Down roughly 2% from yesterday, largely due to cooling U.S. inflation data and rising geopolitical tensions in the Middle East .
📈 Near All-Time Highs
BTC reached an all-time high around $112,000 in late May . Recent rallies have pushed it above $110,000 before pulling back.
🔍 Market Outlook
Analysts note Bitcoin remains volatile and closely tied to macroeconomic indicators and geopolitical news .
Institutional interest is strong, supported by inflows into spot ETFs (now totaling ~$132 billion) and growing corporate treasury demand .
Technical charts show bullish patterns like the golden‑cross (50‑day MA crossing above 200‑day), hinting at further upside toward and possibly beyond prior peaks .
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🧭 What to Watch Next
Support levels around $107,000, with deeper support near $100,000 if there’s a sharper retrace .
Resistance around the $112,000 mark—breaking and holding above this could open the door to a move toward $137,000 .
Macro triggers: U.S. CPI reports, Federal Reserve decisions, trade developments, and Middle East tensions will all influence BTC’s direction in the short term.