🚀 $BTC Holds Strong Near $105K Amid Continued ETF Demand

Bitcoin is currently trading at $105,743 after dipping from an intraday high of $108,801, supported by substantial institutional buying pressure.

🔍 Key Market Drivers

ETF Inflows Persist: Spot Bitcoin ETFs recorded $412.2 M in inflows on June 16, marking a six-day consecutive inflow streak, with total inflows now nearing $46 B

Geopolitical Tensions: Despite Israel–Iran uncertainties causing heightened volatility, BTC has held steady above $106K

Technical Setup: BTC remains range-bound between $105K–$108K. Analysts note indicators hint at potential upside if the $108K–$110K breakout holds

📈 Price Outlook

Support Levels: $104K – $105K

Immediate Resistance: $108K – $110K

Bullish Scenario: A sustained break above $110K could set the stage for a push toward the $112K–$113K region (recent all-time high: ~$111,970 in May)

Bearish Risk: A drop below $104K may trigger deeper retracement toward $102K.

🧠 Trader Insight

“Bitcoin trades above $106,800, holding key short‑term support. Resistance remains near $108,347 and $110,415 for further upside.”

💬 Are you expecting BTC to break $110K next week, or is this a chance to add on dips? Share your plan below!

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