šŸ” BTC Market Update – Institutional Pressure, Macro Alignment & Tech Outlook

Bitcoin is steady at ~$107K today, backed by robust institutional inflows:

• +$2.2 B in ETF flows since mid‑June, including nearly $590 M in the past 11 days šŸ’¼

• ProCap BTC’s $1 B merger and 3,724 BTC purchase highlight reserve-building strategies

• Glassnode/Avenir data confirms these are unhedged, long‑term bets – not quick trades

Market cap potential? Billionaire Philippe Laffont envisions $5 trillion, putting BTC on a path beyond $200K.

Technically, BTC bounce off $100K is strong, target resistance near $108–112K.

Macro correlation to USD weakness and credit spreads adds fuel to the institutional case.

Call to Action:

šŸ“ˆ Watching BTC breakout above $112K? Or consolidating here first? Share your take!

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#Bitcoin #Crypto #Institutional #ETF #BTCAnalysis #CryptoResearch