According to Francisco Rodrigues, Bitcoin (BTC) is trading near $106,000, supported by reduced geopolitical tensions after President Donald Trump delayed U.S. military action in the Israel-Iran conflict. However, CryptoQuant warns BTC could drop to $92,000 if demand doesn't rebound, citing a 60% decline in ETF inflows since April and slowed whale buying. Glassnode notes subdued on-chain activity indicates a maturing market, while technical analysis shows BTC above the 50-day EMA but facing resistance at the 20-day EMA.