$BTC
Bitcoin Update — June 30, 2025
■ Current Situation:
The price has managed to break through the descending sub-channel and is currently moving within the resistance range (108,000 — 106,000), following a strong weekly close at the level of (100,984) with a bullish engulfing candle that enhances the likelihood of a rise.
Staying above the current resistance range will support the continuation of the upward movement towards higher resistance levels.
■ Initial Targets:
First Target: Re-testing the resistance (108,000 — 106,000) and confirming the breakout.
Medium Target: 120,000 (+11.6%)
Long-term Target: 157,000 (+45.9%)
■ Current Support:
(103,531 — 101,324) (−3.8% to −5.8%)
■ Summary:
The price is within a strong resistance range (108,000 — 106,000), breaking through it supports a rise towards 120,000 and then 157,000, while failure to break may lead to testing the support (103,531 — 101,324).


