#StrategyBTCPurchase
• BTC is trading at $107,500 after recovering from levels below $100,000
• It is consolidating in the range of $102,000-$112,000 after the first sustained move above $106,000 since early June
• The price action reflects renewed investor confidence amid a broader recovery
Key Drivers and Opportunities
• Geopolitical: The ceasefire between Iran and Israel generated a 6.2% surge in 24 hours, reversing the 45-day low
• Institutional: Strong inflows into ETFs continue with notable accumulation by large investors (+4.8% in wallets of 100+ BTC)
• Technical: The MACD shows a bullish crossover; the RSI is at 54.3 with room to grow; resistance at $108,500