BITCOIN TRADES AT $105,500, LONG-TERM OUTLOOK REMAINS OPTIMISTIC

Summary from the TLDR Crypto newsletter

Bitcoin is trading at around $105.5k after pulling back from its $111.8k all-time high. Analysts are calling this a key pivot zone that could determine the next leg of the market cycle. BTC Markets' Rachael Lucas says a push above $105K could target $115K, while a drop below $103K risks a pullback to the $93K–$97K range—without breaking the broader uptrend. Institutional flows continue to dominate, sidelining altcoins and positioning Bitcoin as a strategic macro hedge in corporate treasuries.