📉 Bitcoin Analysis $BTC - June 28, 2025
Current Price: $107,340
Bitcoin continues to hold above the moving averages (EMA 50, 100, and 200), signaling a positive outlook in the short term.
📌 Near-term targets:
Immediate resistance: $108,272
In case of a breakout, the next target: $110,000
📉 But beware:
If the price fails to maintain the level of $106,500, we may see a retreat towards:
$104,300 as the first support
And perhaps even $102,100 as a stronger support level
Breaking this last level opens the path to return to $98,200
⚠️ RSI at 54 indicates a state of balance... but the market remains sensitive to any news or whale movements.
📉 Alternative currencies?
Continuing to move sluggishly under Bitcoin's dominance. Any sharp decline in BTC will pressure the rest of the market.
⏳ But don't forget: this is an accumulation phase, with strong opportunities coming in the altcoin season.