Bitcoin's price is holding the $105k support level, aided by reduced geopolitical tensions in the Middle East, following Trump's announcement of a ceasefire.
Bitcoin Support at $105k
Bitcoin’s price remains stable at $105k, indicating strong support. Positive news from the Middle East has contributed to market rise.
The reduction of tensions after Trump's ceasefire announcement has improved investor morale.
Investment Flow Analysis
Institutional interest in Bitcoin is strong. On Monday, Bitcoin ETFs recorded $350.43 million in net inflows. Additionally, exchange reserves fell from 2.491 million to 2.485 million, indicating waning selling pressure.
Notable spikes in the taker buy-to-sell ratio on Bybit also reflect an optimistic market sentiment.
Market Predictions and Expectations
Experts predict Bitcoin prices may rise to $130K and $135K in Q3 2025. Analysis shows that smart money activity could herald price increases.
Daan Crypto highlights that recent price fluctuations create conditions for potential short squeezes as prices rise, suggesting bullish short-term market trends.
The bitcoin market remains dynamic, with current predictions indicating positive changes. Resilience at $105k and investor interest create opportunities for further growth.