Bitcoin (BTC) is trading at $106,434, up 1.52% on the day, as bulls maintain control above the key $100K level. Institutional inflows, ETF strength, and regulatory optimism continue to support upward momentum.
🔍 Technical Snapshot
BTC is above the 20-day EMA ($105,586) and 50-day EMA ($103,709), confirming a bullish structure.
A bull flag pattern on the 4H chart suggests a breakout toward $113,500 if BTC clears $109,800–$112,000.
Support lies at $99,000 and $94,000–$96,000 (200-day EMA).
. RSI remains neutral, allowing room for more upside.
📈 Institutional Inflows & Policy Boost
Over $3.2B has flowed into U.S. spot Bitcoin ETFs in 2 weeks—BlackRock alone holds $65B.
Texas and federal-level Bitcoin reserve plans are fueling long-term confidence.
A possible Senate GOP crypto bill and the Fed’s rate pause add to market tailwinds.
🌍 Geopolitical Stability
Ceasefire news in the Middle East has calmed macro fears, stabilizing BTC above $100K.
🔮 Outlook
Short-term target: $113K–$120K if resistance breaks.
Analyst range for July: $107K–$137K.
Caution: A break below $99K could trigger a pullback to $94K.
📌 TL;DR: BTC is holding strong above $106K, driven by ETF inflows and bullish sentiment. Eyes are on $112K resistance for the next leg up. Stay alert for weekend volatility and macro headlines.#TradersLeague، $BTC