$BTC
Bitcoin ($BTC) is currently trading around $107,055 USD, with a slight intraday drop from highs near $110,277 USD, indicating a minor correction after nearing new records. Despite the approximately 2% drop in the last 24 hours, sentiment remains optimistic due to favorable macro data such as low inflation, which paves the way for potential interest rate cuts.
Technically, the $107,000 USD level acts as a key support — if it holds, it could serve as a base for a new push — while immediate resistance is located between $110,000–$112,000 USD, where trend lines and moving averages converge. The correlation with Bitcoin ETFs and institutional flows remains strong, suggesting that a breakout above 112k could drive prices to levels between 130-140k.