The price of Bitcoin (BTC) today, July 1, 2025, is experiencing notable volatility, swinging between important resistance levels and key support areas. This comes amid conflicting technical signals and the impact of global economic news casting a shadow over investor sentiment in the cryptocurrency market.

As of the time of writing this analysis, Bitcoin (BTC) is trading in a range between $106,000 and $108,000, with a slight decline recorded over the past 24 hours.

Technical Analysis: Critical Levels Charting the Next Path

From a technical analysis perspective, the price of Bitcoin is currently facing a strong resistance area ranging from $109,500 to $110,000. Several analysts have pointed out that this area may pose a challenging psychological and technical barrier to break through in the short term. Some indicate the possibility of bearish technical patterns forming, such as harmonic patterns, which could pave the way for a price correction.