#BTC

Today Analysis: June 29, 2025 🚀

Bitcoin ($BTC) continues its fascinating dance, currently consolidating just below the $108,000 mark.

After a strong V-reversal from its recent low of $98,240, BTC is showing resilience.

The market is in a "compression phase" within the $106,500 to $108,100 range, suggesting a breather before its next big move. 🧘‍♂️

Key resistance levels to watch are stacked: $108,100, $108,900, and crucially, $110,400.

A decisive daily close above $108,100 could trigger a push towards $115,000 and potentially new highs! 🎯

The highest-ever weekly close currently sits just above $109,000, adding to the bullish sentiment if surpassed.

For potential entry points, look for pullbacks towards the $107,000 to $107,500 region. This could offer a lower-risk entry for bullish positions. Keep an eye on support zones at $103,000 and $98,000 for strong buying activity.

Institutional inflows into Bitcoin ETFs remain robust, providing a significant underlying demand! 💪 The long-term trend remains firmly bullish.