$BTC BTC is hovering around $105.5K, down ~1.47% for the day. Intraday range: $103.1K–$108.4K.

After a recent surge near its all-time high (~$112K on May 22), the price has retraced, breaking below key trendlines around $106K–$105K .

Technical indicators show caution: narrowing spread vs. 50‑day moving average and weakening MACD suggest potential for a ~10% pullback, with support levels near $100K–$102.5K .

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🚀 Institutional & Macro Trends

Institutional flows remain significant with over 1.13 M BTC held in spot ETFs, and $132 billion in ETF assets .

Ease in inflation and dovish Fed outlook are bolstering crypto sentiment .