$BTC O Bitcoin (BTC) is trading today at around $104,346, with a positive variation of approximately 0.17%, fluctuating between $104,005 and $106,451. The slight rise has been driven by strong institutional flows: spot ETFs have accumulated over $2.4 billion in eight consecutive days of net inflow, led by BlackRock and Fidelity. Geopolitical stability and the apparent easing of global tensions have also contributed to the movement, although volatility persists. Additionally, the indirect exposure via stocks like MicroStrategy — whose value may exceed $50 billion in BTC — strengthens the institutional impact on the price. Despite macroeconomic risks, technical indicators suggest gradual accumulation, opening up space for potential highs towards $130–135 thousand by the third quarter.