$BTC Here’s the latest on Bitcoin (BTC):
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📊 Market Snapshot
Price: Holding steady at $106,680, with intraday range between $104,600–$107,200 .
Today’s Gain: Up approximately +1.1%, buoyed by robust ETF inflows and resilience amid geopolitical uncertainty .
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🔑 Key Drivers Behind BTC's Surge
1. Geopolitical Dynamics
Recent tensions in the Middle East caused Bitcoin to dip below $103k, but it rebounded, staying above $106k as risk appetite returned .
2. Strong Institutional Demand
Spot ETF flow: Over $1.3 billion poured into Bitcoin funds between June 9–13 .
Record single-day ETF inflows (~$386 million on June 9) reinforce institutional confidence .
3. Technical Momentum & Analyst Outlook
A bullish “pin-bar” candle from recent lows around $105k suggests upside toward $112k .
Analysts forecast targets ranging from $120k to $150–250k by late 2025, with some even eyeing $250k if macro conditions hold .
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🚦 Support & Resistance Levels
Support: Strong psychological floor at $105k, with deeper support
