$BTC

The current price is approximately USD 103,335, with an intraday range between 102,609 – 106,451.

According to CoinGecko and CoinDesk, the price today is around USD 104,690.

🧭 Market context.

1. High intraday volatility: Bitcoin surpassed USD 106,000 but fell again below USD 103,000, causing over USD 450M in liquidations.

2. Consolidation range: In recent days, it fluctuated between USD 104,000 and USD 108,000, failing to break above USD 108,000.

3. External catalysts:

Options set to expire worth over USD 4,000M on June 20, which could intensify volatility.

Geopolitical events (US-Iran tension), Fed decision, and option expirations feed uncertainty.

4. Technical indicators: CoinDesk notes that the Bollinger Bands gap is widening with a positive signal in the MACD, which usually precedes periods of greater volatility.

🔍 Despite intraday peaks near USD 106,000–108,000, the price failed to hold there.

Key support is around USD 103,000–104,000, while the main resistance is at USD 108,000.

The expiration of options and macro events (monetary policy and geopolitics) could lead to sharp movements in the coming hours or days.