Bitcoin (BTC) Latest Price & Quick Snapshot

Current Price: ~$108,260 USD

24h Change: −0.57% (about −$621)

24h High/Low: ~$109,059 / ~$107,590

Key Fundamentals
Institutional Demand:

Companies like Metaplanet just added 2,205 BTC  showing strong corporate adoption.

MicroStrategy added more BTC recently, although for the first week in three months they didn’t buy more indicating they might be waiting for a breakout or dip.

ETF Inflows:

Over the past month, BTC ETFs saw ~$769 million in new inflows a positive sign that big investors keep buying.

Policy Support:

In the US, some lenders are starting to accept BTC as a recognized asset for collateral, mortgages, or payments. This boosts mainstream adoption.

Technical Analysis
Price Structure:

BTC recently closed above $109k for the first time a major resistance test.

The chart shows a potential cup and handle breakout pattern that could target as high as ~$230k in a long-term scenario if it confirms.

EMA Signals:

BTC reclaimed the 20 50 and 100 day EMAs  a bullish sign showing buyers are in control.

Key Support & Resistance:

Support Zone: $104k 106k  strong buy interest if price dips.

Immediate Resistance: $109.2k 110.5k  if BTC holds above this, next upside targets open towards $114k and higher.

July Outlook

Historically, July is bullish for BTC.

Recent ETF inflows ($4.5 billion+) add fuel for more upside.

Average price forecasts put July’s potential between ~$115k and ~$130k if momentum continues.

Risks

Sudden regulatory changes or big liquidations by whales could cause dips.

Global market shocks (macro or equity selloffs) can hit BTC too.

If BTC closes below $108k consistently, we might see a pullback to ~$107k or even $104k.

Summary

Short Term: BTC looks bullish above $109k → $110k–$114k possible next.

Mid Term (July): If ETF buying stays strong   $115k–$130k target zone.

Key Levels:
Strong support: $104k–106k

Key breakout: $109.2k–110.5k

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