$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