💰 Current price
Price: approximately $105,576
Daily change: down approximately -$2,041 (about -1.9%)
Today's highest price: $107,629
Today's lowest price: $105,401
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📊 Technical analysis and market indicators
✅ Record monthly close in June, marking the third consecutive month closing at its historical highs — indicating strength in the upward trend but with some caution.
📉 Bitcoin is currently in a consolidation phase between $104,000 and $110,000 — a phase preparing for a potential breakout either upwards or downwards.
🟢 Strong support at $104,000 – $106,000
🔴 Significant resistance at $110,000 — breaching it could push the price towards $114,000 or $115,000.
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🔍 What supports the price movement?
📥 Strong institutional flows through Bitcoin ETF funds, with over $4.5 billion entering just in June.
🏛️ Political factors such as Trump's support for cryptocurrencies boost market confidence.
🏦 Expectations of interest rate cuts from the US Federal Reserve add support to alternative markets like cryptocurrencies.
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🔮 Analysts' forecasts
📌 Near term: Trading expectations between $104K – $109K.
🚀 Bullish scenario: If the 110K barrier is breached, the price could reach 115K and possibly more.
⚠️ Bearish scenario: If the price fails to break the resistance, it may retest support at 104K.
🧭 My personal analysis
✅ Bitcoin is strong in the medium term, but is currently undergoing a consolidation phase.
👁️🗨️ Watch the level of $110,000 — any breakout above it could be a strong signal for a new upward wave.
🔎 The market is supported by institutions and political interest, but major movements depend on clear breakouts.
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