Bitcoin traded at $107,312 on June 26, 2025, closing in on key resistance amid a backdrop of sustained institutional interest and tightening intraday volatility. With a market capitalization of $2.13 trillion and a 24-hour trade volume of $31.65 billion, bitcoin ranged between $107,027 and $108,116 over the past day, suggesting a consolidative pause after a multi-session rally.
Bitcoin’s daily chart reflects a recovering macro trend, underpinned by a clear bullish structure emerging from a local bottom at approximately $98,240. The formation of a bullish engulfing pattern and several follow-through green sessions confirms upward momentum, supported by elevated buying volumes. This suggests heightened institutional activity during the reversal phase. The trend now targets the resistance zone between $108,000 and $109,000, which coincides with recent swing highs.
Bull Verdict:
If bitcoin maintains its footing above $106,000 and breaks through the $108,500 level with volume confirmation, the uptrend remains intact. The alignment of all major moving averages in a bullish posture, combined with a supportive macro chart structure, favors continued appreciation toward the $110,000–$112,000 zone.
Bear Verdict:
Should bitcoin fail to hold the $107,000 threshold and momentum continue to deteriorate, a pullback to $104,000 or even $102,000 becomes likely. Weakening short-term structure, fading volume, and divergence in oscillators could signal the early stages of a broader corrective phase.
