๐ Bitcoin (BTC/USDT) Market Update โ 4H Chart
๐ As of: June 28, 2025 | 20:06 UTC
๐ฐ Current Price: $107,213.02 (+0.72%)
๐ 24H High: $107,709.22
๐ 24H Low: $106,386.61
๐ 24H Volume: 6,017.53 BTC | 644.11M USDT
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๐ Technical Breakdown:
๐ธ Price Action
Bitcoin has recovered from a strong support level around $98,200, bouncing over +9% to consolidate just above $107K.
The current structure suggests sideways consolidation following a relief rally.
๐ธ Resistance to Watch:
$108,319 (local high)
$110,392 (previous swing high)
๐ธ Support Levels:
$105,637
$102,954
$100,272 (psychological)
๐ Moving Averages:
MA(5): 583.26
MA(10): 1,434.47
MA(5) is still below MA(10), indicating a lack of strong short-term bullish crossover.
๐ก RSI (6): 50.86 โ Neutral Zone
RSI shows equilibrium โ no overbought or oversold signals currently. The market is undecided, waiting for a catalyst.
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๐ฎ Market Sentiment:
Momentum remains cautiously bullish, but a breakout above $108.3Kโ$110K is needed to confirm trend continuation.
Sideways chop expected if BTC remains range-bound between $105Kโ$108K.
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๐ข Traders Note:
Stay alert for breakout volume. Price compression is building. Watch RSI divergence and volume shifts closely for directional clues.
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