$BTC Here’s the latest on Bitcoin (BTC) as of today:

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🔍 Price Overview

Current price: ≈ $104,339 (down about 3.1%)

Intraday range: $104,284 – $108,801

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📈 Recent Price Action & Drivers

Pullback from near highs: BTC dipped from nearly $112,000 in early June, now hovering around $105K–$107K ahead of the FOMC meeting .

Volatility calming: While still moving, volatility is lower than in past cycles—a shift analysts term "sustained strength phase" .

Geopolitical swings: Tensions in the Middle East sparked a brief sell-off (~$106K territory), but BTC rebounded ~6.5% to around $107,775, with institutional volumes remaining stable .

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🛠 Technical Levels

Resistance: Strong ceiling near $112K—where BTC has previously stalled .

Support: Key bands at $105K, $104.5K (Fib retracement), and critical trendline at ~$102.8K .

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🌟 Outlook & Sentiment

Short-term: Markets are cautious ahead of the FOMC decision; a breakout above $107K–$108K could trigger further rally. A drop below $104K may offer targets near $102K support zone .

Medium-term (June–July): Forecasts vary:

CoinCodex expects BTC could climb toward $124K by summer .

Technical analysts point to support at current levels and potential retest of $102K before resuming upward trend .

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🏦 Macro & Institutional Context

Mega holders: Strategy (formerly MicroStrategy) continues accumulating—recently buying 10,100 BTC at ~$104K each, bringing its total to $63 billion) .

Asset class alignment: Bitcoin, stocks, and gold are trending simultaneously toward new highs — fueled by a weakening USD (~9% down YTD), easing trade tensions, and steady inflation .

Safe‑haven debate: Despite being dubbed "digital gold," BTC has proven more risk-sensitive than true

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