Currently, the price of Bitcoin is fluctuating slightly around 106,900, with a daily low of 106,500 and a high close to 107,900 USD. Although it has dropped slightly by 0.65% today, the overall market sentiment remains relatively 'stable', maintaining a neutral state.
Looking ahead to July, from a technical perspective, Bitcoin may continue to consolidate in the range of 104,000 to 110,000, as if it is 'gathering energy'. As long as the price can hold the support at 106,000 and the trading volume keeps up, Bitcoin is very likely to challenge 113,000, or even reach a new high of 120,000.
However, if it cannot hold the bottom of this range, Bitcoin may experience a slight pullback, falling back to around 101,500, and it is essential to cautiously monitor the support level in the short term.
