Current Price: $108,145
Timeframe: 4H
Date: July 6, 2025
Bitcoin is currently trading in a tight range, sitting just above a key demand zone after a corrective move from its recent local high near $110,500. Liquidity is stacking on both ends, and the market is preparing for a sharp move — the only question is, which direction?
$108,450 – $109,250
This area is aligned with the 0.382–0.236 Fibonacci retracement levels. BTC faced rejection here multiple times, indicating active sellers. It’s also a zone with trapped shorts — a breakout above could trigger a short squeeze.
🔸 Support (Demand Zone):
$107,130 – $107,820
This is a high-probability demand pocket (0.5–0.618 Fib zone), where BTC has seen consistent buying pressure. The zone is also boxed on the chart, showing recent accumulation.
🔸 Deeper Demand:
$106,000 – $105,100
If BTC breaks below current demand, this is the next strong support cluster based on the 0.786–1.0 Fib and the origin of the last impulsive move.
Liquidity Snapshot
Below Price: There’s a cluster of stop-losses and liquidation orders under $107,000, especially near $106,500. A wick below could trigger these stops and offer smart money a prime entry.
Above Price: Resting stop orders and resistance exist from $108,500 to $109,200. A breakout through this zone could fuel a fast move toward $110,500.
Scenario Forecast
✅ Bullish Case: Sweep & Reclaim
If BTC dips into $106,500–107,000 and quickly reclaims $107,800, we may see a bounce straight into $109,250, with a possible breakout toward $110,500.
🚫 Bearish Breakdown
A clean 4H candle close below $106,000 would invalidate the bullish setup and open downside toward $105,100, or even deeper if sentiment worsens.
Market Context
Volume: Sideways with decreasing volatility — a squeeze is likely near.
Futures: Open interest remains high; funding has normalized — primed for volatility.
Macro: DXY is neutral/slightly bearish, providing support for risk assets like BTC.
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Conclusion
BTC is coiling at a critical decision point. With liquidity sitting just below and just above current price, we’re likely to see a false move followed by a real one. The most probable play? A liquidity grab below $107K, then a reversal rally toward $110K.
> 🚨 Watch for wicks into the golden pocket (0.5–0.618 Fib), and confirm with strong reclaim candles before entering positions.