🔍 Why Bitcoin is currently at $107,000 — this is important

1. Geopolitics and institutional purchases

Despite the turbulence in the markets, BTC remains above $106,000–$108,000: it is supported by institutional capital — funds and corporations — even amid global uncertainty.

2. Rare 'synchronization' of three assets

This is a unique moment: stocks, gold, and crypto are simultaneously close to their all-time highs — this has not happened since 2014. A decline in the dollar and fears of inflation are key drivers.

3. Market transition to 'channel phase'

After a rapid rise in the second half of May, the market has entered a sideways trend: BTC is forming a triangle on the 4-hour and daily charts, indicating an imminent trend change.

📊 Levels to monitor

Level Value Importance

Support $106,000–$106,500 May become an entry point for a bounce

Resistance $108,500–$109,000 Breakout → signal for growth to $112,000+

Possible pullback $102,000–$103,000 A slight correction is likely, but this is a buying zone

🔭 Possible scenarios

1. Continued growth (60%)

– Breakout at $108,500 → target $112,000–$115,000

– A good time for take-profit, especially for short-term traders

2. Sideways (30%)

BTC will remain in the range of $106,000–$109,000