**Bitcoin Market Update: BTC Holds Strong Above $106,000 Amid Recovery**

As of June 17, 2025, Bitcoin (BTC) is trading at approximately $106,700, reflecting a 0.81% gain over the past 24 hours, with a market cap of $2.11 trillion, according to CoinMarketCap. The flagship cryptocurrency has shown resilience, recovering from a dip to $103,200 last week, driven by easing geopolitical tensions and robust institutional interest. Bitcoin ETF inflows reached $1.3 billion recently, signaling strong investor confidence. Analysts from Galaxy Digital and Fundstrat project BTC could hit $150,000 by year-end, citing constrained supply and growing adoption. However, some warn of a potential pullback to $90,000, though the macro bullish trend remains intact. On-chain data shows 83% of short-term holders are in profit, with no signs of market overheating. Bitcoin’s stability amidst global uncertainties underscores its maturing role as a hedge