$BTC
As of Saturday, July 5, 2025, Bitcoin (BTC) is exhibiting consolidation. Key levels to watch for today's trading are:
Resistance:
* Immediate: Around $108,500 - $109,000.
* Stronger Resistance/Key Breakout: $110,000 to $110,500. A decisive move above this could target $112,000 or even $113,200.
Support:
* Immediate: $107,300 - $107,800.
* Key Support: $105,000. This level is crucial; a breakdown below it could trigger a deeper correction. Deeper support levels are noted around $103,000 and $99,900.
BTC is currently trading within a range, with oscillators like Stochastic signaling overbought conditions, hinting at short-term selling pressure. However, longer-term moving averages still indicate a strong uptrend. Watch for volume confirmation on any breakouts or breakdowns.