$BTC

🚨 Bitcoin at $104,700 — a breather or a trap?

Institutional investors continue to buy BTC through ETFs:

📈 8 days of positive inflow in a row

💰 BlackRock IBIT already > $51 billion in assets

📊 Daily range: $104,005–$105,047

But the market is holding back — volatility is reduced, and this usually foreshadows movement.

Scenarios:

→ Break above $106K — a path to $110–112K

→ Drop below $104K — a pullback to $100K