$BTC On Friday, Bitcoin reclaimed the $106K zone, climbing about 1.2% intraday after hovering between $104K–$105K over recent days. The move was driven by slightly improved risk appetite as geopolitical tensions eased—especially de-escalation signals in the Middle East—and the Fed’s decision to hold rates steady.
🔍 What Traders Should Track
➡️Geopolitical sentiment: Crypto rallied as markets reacted positively to a temporary lull in U.S.–Iran tensions and reduced oil prices .
➡️Macro regime: Stable Fed rate signals—with only one rate cut expected this year—kept crypto modestly bid.
➡️Technical positioning: BTC is consolidating in a channel between $104K–$108K. A break above recent highs (~$106.5K) could open the door to a move toward $145K in Q3.
➡️Institutional flows: Bitcoin-linked equities and ETFs rallied alongside crypto, reflecting renewed institutional confidence.
