As of today, Saturday, June 21, 2025, the $BTC market is experiencing a period of consolidation, largely influenced by macroeconomic factors and geopolitical tensions. Bitcoin is currently trading around $103,500 to $104,500, having seen some fluctuations but remaining below the $105,000 mark. This follows a recent dip after hitting around $106,000 earlier this week, and a higher peak of around $111,000 in May.

While institutional demand for Bitcoin remains strong, as evidenced by positive ETF inflows, the overall market sentiment is somewhat cautious. Technical indicators suggest resistance around $106,000-$107,000, with support at $103,500. Traders are closely watching for a decisive break in either direction, as low trading volume indicates market indecision. The short-term outlook appears neutral to slightly negative, while long-term fundamentals like limited supply and growing institutional adoption remain positive.