🚨 Bitcoin Snapshot — Holding Strong Around $107,700
Bitcoin is currently trading near $107,718, swinging between an intraday low of $104,601 and a high of $107,790.
📉 What’s Driving It Today?
Midweek Low Volume Drop: BTC briefly fell into the $104K low zone on thin trading volume but quickly recovered—indicating a short-term shakeout, not a downturn.
Geo- and Macro Catalysts: Global headlines (such as tensions in the Middle East, Fed comments) have stirred some risk-off sentiment—yet Bitcoin remains resilient.
Institutional Flows Still Active: Spot ETF flows remain stable, indicating smart money isn't halting activity despite minor pullbacks.
🔑 Key Levels to Watch
Support: $105K–$106K — this range has repeatedly acted as a price floor.
Resistance: $107,800–$108K — clearing this zone with volume could pave the way to visit $110K+.
Outlook: As long as BTC stays above $105K, we are likely in a healthy consolidation phase—not a downtrend.
💡 Bottom Line
Bitcoin is resting after the latest peak. Price action shows quiet accumulation rather than panic selling. If macro fears ease and volume increases, expect another test at $108K–$110K soon.
