$BTC

Market Status and Price

The current price stands at $106,750, with an intraday range between $104,600 and $107,200.

In the last session, BTC rose about 1–1.5%, driven by technical signals like a "pin-bar" pattern and a MACD indicating a possible expansion of volatility.

Recent Influences

Geopolitical tensions: clashes between Israel and Iran caused panic selling, briefly driving BTC below $103k on June 13; since then, it has stabilized above $104k–$105k.

Strong institutional flow: weekly inflows of $1.9 billion into BTC investment products are reported, reinforcing the support from professional investors.

Positive technical action: indicators (Bollinger + MACD) show a possible increase in volatility with a higher likelihood of a breakout upward if it surpasses the resistance of $112k.

Short and Medium-Term Outlook

Short-term (next few days):

The key support zone is between $104k and $105k, while immediate resistance is at the $112k level (May high).

A daily close above 0.382 Fib (~$106.7k–$107k) would consolidate an upward trend.

Medium-term (months):

Several analysts and corporate strategies (like MicroStrategy and SoftBank) are increasing BTC holdings, which could lead BTC towards $120k–$250k by the end of 2025, depending on the macroeconomic and regulatory environment.

However, if geopolitical tensions escalate or there is a global downturn in risk assets, we could see a correction below $100k.

Quick Summary

Current Price: $106.7k

Key Support: $104k–$105k

Resistance to Overcome: $112k

Trend: overall bullish, with a high probability of upward volatility in the short term

Key Factors to Monitor:

Evolution of the conflict in the Middle East

Global macro data (rates, inflation)

Institutional inflows

Technical indicators