Market data & recent movement
Price: hovering around $107,000, with intraday range of ~$106.7Kā107.9K .
Volatility: dropped briefly under $99K amid Middle East tensions, but rebounded to $101Kā$108K .
Onāchain data: indicators like new addresses, whale movements, and exchange flows signal a balanced but active market .
Technical outlook & key levels
Bullish above $107,275 with targets at $108K, $109K, and $111K.
Bearish if $107,000 breaks, potentially sliding to $106K, $105K ā with deeper risk to ~$100K .
Most traders see consolidation within $100Kā$110K, building a base for the next move..
Macro & geopolitical context
Geopolitical events (e.g., U.S.āIran tensions) triggered dips, but BTC hasnāt fully behaved as a safe havenāshortāterm uncertainty remains.
U.S. policy: Trumpās strategic bitcoin reserve executive order and ETF support is strengthening institutional trust .
U.S. spot BTC ETFs are seeing strong inflows (e.g., BlackRockās IBIT) and regulatory clarity is improving.
Price forecasts
Analysts project a range of $94Kā$114K shortāterm, with June averages between $108K and $112K .
Some models lean bearish (~$94K via Elliott Wave analysis) , while others remain bullish with targets up to $135K later this year .
Longāterm price predictions range wildly: $1āÆM+ by 2030 from Novogratz, Wood, and Lee.
š® Future Prospects
Shortāterm (weeks to months): Expect choppy trading within $100Kā$112K. Bull/bear triggers at $107K hold pivotal importance.
Mediumāterm (6ā12 months): If institutional flows and policy tailwinds persist, Bitcoin could revisit $130Kā$160K by Q4 2025 .
Longāterm (3ā5 years): Continued institutional adoption, ETF growth, and systemic use as ādigital goldā may support multiāhundredāthousand to millionādollar valuationsāgiven cryptoās historical volatility and regulatory risks.