$BTC Price & Technicals

Bitcoin is trading around $108,500. It’s consolidating between support at ~$107,000 and resistance near $110,600) could signal a rally; breaking below ~$107,000 might pave the way to $105,000 .

Catalysts & Sentiment

Bullish momentum is fueled by strong institutional flows into spot‑Bitcoin ETFs, expected Fed rate cuts later this year, and pro‑crypto U.S. regulatory measures like the Strategic Bitcoin Reserve under Trump .

Outlook

If BTC clears ~$114K, experts see potential for a 25% surge toward ~$140K+ this summer. Conversely, downside risk remains if short‑term support zones fail .

🔍 Key levels to watch:

• Support: $107K → $105K

• Resistance: $110–114K → breakout target of $140K+