$BTC Bitcoin is currently trading at around $106,300, holding steady near recent highs following a modest 0.1% 24‑hour uptick  . The price has navigated a tight range between $102K–$112K since May, with a slight dip amid inflation and mild geopolitical strains .

Technical indicators signal a bullish setup:

• OBV (on‑balance volume) is trending upward through consolidation, suggesting hidden accumulation that could fuel a breakout .

• A bull‑flag pattern points to a potential surge, targeting $130K–$135K by Q3 2025 if breakout confirms .

• Short‑term resistance stands at $107K–$111K; a move above $111K would invalidate bearish setups and pave the way for ATH retests .

Macro & institutional backdrop:

• The U.S. Fed’s “hawkish pause” on rate hikes keeps investors wary, but Bitcoin shows resilience above $104K .

• Institutional inflows via ETFs and corporate treasury allocations—especially via MicroStrategy and newly announced U.S. Strategic Bitcoin Reserve—are providing tailwinds .