$BTC

The Bitcoin currency has experienced noticeable fluctuations today, currently trading at **$102,400** after a decline from a high of **$108,900** on June 16, while maintaining trading above the **$100,000** threshold for 45 days.

Recent geopolitical events, such as the attack on Iranian nuclear facilities, have led to market disruptions and a price drop to **$100,800**, with liquidations worth **$160 million** on Binance.

In whale movements, **801.58 Bitcoin** were transferred from old addresses since 2017, and a large whale recently deposited **400 Bitcoin** on Binance after selling **6,900 Bitcoin** since April.

MicroStrategy founder, Michael Saylor, raised his Bitcoin price forecast to **$21 million** by 2046. Bitdeer also announced the issuance of bonds worth **$330 million** to expand its mining operations.

Technically, Bitcoin is facing corrective pressure with the price trading below the 20-day moving average (**$105,000**), despite the continued positive trends in the long term, amid increasing institutional flows into Bitcoin funds versus gold funds.