Market Snapshot Bitcoin trades🤩 at $108,200 (July 6, 2025), just 2% below its $111,970 ATH from May. Price consolidates✨ between $102,000-$110,000 with $108,200 emerging as a critical pivot point.Key Indicators
• Bullish: Monthly bullish pin bar, green MACD, potential breakout targets $115,000-$117,000
• Bearish: Low volume rally, momentum divergence at $111,800, increasing short positions
• Sentiment: 86% bullish, ETF inflows continuing, whale bought 567 BTC ($61.1M)
• Risk Factors: $8B dormant wallet movement, elevated futures leverage
Expert Analysis
• ATH Consolidation
• Volume Concerns
• Resistance Levels
OutlookJuly seasonality favors 8% gains. Support at $102,000 and $100,000; breach risks testing 200-day EMA ($95,000). Monitor volume and on-chain activity for confirmation before positioning for potential move to $144,000.