1.Options Expiry Calm Before the Storm
Bitcoin is hovering near $107,400 ahead of a massive $40 billion options expiry, which could introduce heightened volatility
2.Minor Pullback on Profit-Taking
It's down roughly 0.8% today (~ $106,944), about 5% below May’s all-time high (~ $111,970). Analysts attribute the dip to traders locking in profits after a strong rally. Still, multiple bullish drivers—like a weak U.S. dollar, inflows into Bitcoin ETFs, and regulatory tailwinds—are expected to support a rebound
3.Regulatory and Geopolitical Tailwinds
This week’s brief surge above $108,000 was sparked by easing geopolitical tensions and further interest from institutional players
4.Long-Term Outlook — Onward to $250K?
Mudrex CEO Edul Patel emphasized the value of disciplined, long-term investing, highlighting macro uncertainties but reiterating that Bitcoin could eventually reach $250,000 based on institutional adoption and its growing role as a store of value
🔍 Technical & Analyst Insights
Key Support Zone: $106K–$108K.
Resistance to Watch: $110K–$112K—flipping that into solid support could pave the way to new highs
Outlook from Analysts: CoinDCX and Changelly model a short-term uptick to ~$110K by end of June
🧭 What to Watch Today
Options Expiry Aftermath: A surge in volatility is likely as contracts settle.
Support Test: Sustaining above $106K–$108K will be key.
Macro & Institutional Flow: U.S. dollar trends, ETF inflows, and regulatory news could act as catalysts.
✅ Summary
Bitcoin is experiencing a mild pullback around $107K, yet maintains a bullish structure underpinned by institutional demand, ETF inflows, and macroeconomic factors. The imminent options expiry may shift sentiment in the short term—but medium to long-term forecasts remain upbeat, with many analysts pointing toward $110K–$250K by year-end.
