BlackRock has expanded its Bitcoin holdings by $73.6 million through its IBIT fund, reflecting robust institutional interest in the cryptocurrency. Currently, Bitcoin is trading near $109,500, with strong buyer support at the $107,000 level. Market resistance is identified at $114,000, with potential breakout targets set at $120,000 and $126,500. The market remains in a consolidation phase, with expectations of increased volatility in upcoming sessions.