๐จ Bitcoin Snapshot โ Hanging Tight Around $107,700
Bitcoin is currently trading near $107,718, bouncing between an intraday low of $104,601 and a high of $107,790 .
๐ Whatโs Moving It Today?
Midweek Dip Low Volume: BTC briefly dipped to the low $104K zone on muted trade volume, but quickly snapped backโsuggesting a short-term shakeout, not a breakdown.
Geo- and Macro-Catalysts: Global headlines (like Middle East tensions, Fed commentary) stirred some risk-off vibesโyet Bitcoin held its ground.
Institutional Flows Still Active: Spot ETF inflows remain steady, showing smart moneyโs not hitting pause even amid minor pullbacks.
๐ Key Levels to Watch
Support: $105Kโ$106K โ this range has repeatedly acted as a price floor.
Resistance: $107,800โ$108K โ clearing this zone with volume could pave the way to revisit $110K+.
Outlook: As long as BTC stays above $105K, weโre likely in a healthy consolidation phaseโnot a downtrend.
๐ก Bottom Line
Bitcoinโs taking a breather after recent highs. The price action suggests calm accumulation rather than panic selling. If macro fears ease and volume picks up, expect another test of $108Kโ$110K soon.
