$BTC Bitcoin ($BTC) is currently trading around $105,700, reflecting a slight dip in the last 24 hours but still maintaining strong institutional interest. Despite minor fluctuations and geopolitical tensions, on-chain metrics suggest a bullish sentiment, with long-term holders accumulating more BTC and exchange reserves decreasing. This indicates reduced selling pressure and a potential for further price appreciation. Analysts point to key resistance around $112,000, while support levels at $103,000 and the psychological $100,000 mark are being closely watched. The overall market sentiment remains "neutral" on some long-term indicators, suggesting room for further growth in this bull cycle.