#MetaplanetBTCPurchase đ Market Snapshot
Price stability: Bitcoin is trading around $106,700, showing a ~1.5% gain intraday, bouncing from the $105k support zone .
Stabilization: It has rebounded after Middle East tensions, which briefly pulled it down toward $102kâ$105k .
đ Technical Outlook
Bollinger Bands w/ MACD: CoinDesk highlights a bullish setupâbands are expanding and MACD histogram flipped positive, often signaling an upcoming move .
Cup-and-handle formation: A classic bullish pattern has formed, targeting a breakout above $114k .
Fibonacci reversal: BTC reclaimed the mid-Fib ($106.7k); a daily close above could cement short-term bullish structure .
đŚ Institutional & Macro Drivers
ETF inflows: Over $1âŻbillion flowed into Bitcoin ETFs this past week, adding institutional momentum .
Corporate treasury strategy: More public companiesâincluding nonâcrypto firmsâare diversifying cash reserves into Bitcoin. But if BTC dips below $90k, half could incur losses .
Pro-crypto policy tailwind: Under Trumpâs cryptoâfriendly governance, even a strategic U.S. Bitcoin reserve was mandated in March 2025 .$BTC $BNB $XRP #SparkBinanceHODLerAirdrop
