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krizwar
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Here's the latest on Bitcoin: 📈 Market Snapshot Current price: ~$109,818 USD—up about $350 since yesterday. 24-hour trading range: $108,624–$110,387. 🔍 Market Drivers Institutional inflows: Bitcoin-focused ETFs have attracted nearly $50 billion, pushing BTC up ~2.4% in the past day to over ~$110,300 . Crypto funding signals: A dip in funding rates late June preceded sharp gains, suggesting more upside if shorts are squeezed—buyers often thin to liquidate at ~$111,320 . Macro context: Strong US jobs data has knocked out near-term Fed rate cut speculation, potentially capping BTC’s rally momentum . 📊 Technical Outlook Resistance near $110K is being tested, with bearish divergences warning of a potential pullback . Analysts see potential upside next toward $112K–$114K. One target could be as high as $143K if key resistance breaks . 📰 Notable Commentary Robert Kiyosaki, author of Rich Dad Poor Dad, called BTC “priceless” around $107K and said he's still buying . Global X ETFs projects Bitcoin reaching $200K within 12 months if current ETF inflows and institutional adoption persist . Peter Brandt, a veteran trader, observed that what looks like a bear flag may be an upside consolidation—implying a move toward $115K–$118K if support holds . --- 🔎 What to Watch Next Event / Factor Potential Impact on BTC ETF inflows More institutional buying → upward momentum Technical resistance Break above ~$110K–114K may open path higher Fed policy & jobs data Strong jobs reduce rate-cut chances, which could limit rally --- Want a deeper dive? I can pull live charts, fund flow details, or explain how crypto ETFs work. $BTC #BTCReclaims110K
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> Excited to support the Web3 revolution with #WalletConnect and $WCT Let’s make the future of decentralized finance stronger together 💪 @WalletConnect 🚀
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