#CardanoDebate Here's today’s snapshot for Bitcoin (BTC):
💵 Current Price: Approximately $105,565 USD
🔄 Change: +$203 (+0.19%) since the previous close
📉 Intraday Range: Low of ~$104,402, High near ~$105,653
---
📈 Recent Market Highlights
Bitcoin ETFs have experienced five consecutive days of inflows—evidence of strong institutional interest despite geopolitical tensions .
However, Bitcoin has shown signs of sideways trading, drifting within a ~$500 band after reaching around $112K earlier, leading to speculation about a possible dip to $100K by month‑end .
That said, some technical indicators remain bullish. A set of 30 on‑chain “peak” indicators are yet to signal a market top, fueling projections that BTC could climb as high as $230K later this cycle .
---
🔍 What to Watch
Resistance Zones: Bitcoin is fluctuating near the $105K–106K area. A break above here could slow consolidation; a drop might open the door to retesting $100K.
Macro Events: Watch oil prices, global trade sentiment, and macroeconomic data—they often influence crypto flows.
On‑chain Signals: Keep an eye on models like Pi Cycle, MVRV, and RSI—they’re still trending bullish per recent reports .
---
🧭 Summary
Bitcoin is currently holding steady at ~$105.5K, with a slight intraday uptick. Institutional interest remains solid, ETFs are drawing continued inflows, and key technical/chain indicators haven’t flagged any imminent topping signs. Still, the market is in a consolidation phase, and next moves will likely hinge on macro triggers—especially oil, economic data, and broader risk sentiment.
---
If you're tracking Bitcoin closely—whether for investing or staying informed—let me know if you'd like updates on price forecasts, on‑chain metrics, or news around specific trends like ETFs or global regulatory changes.