🔥$BTC Bitcoin Price Analysis: Current Price and Trend‼️
Bitcoin's current price is $108,233, with a recent trend of consolidation below the $110,000 barrier. The 4-hour structure remains within an ascending support line, but momentum indicators show signs of exhaustion.
💥Key Levels to Watch
🔹️Resistance Levels:
👉$108,800: Supply zone ceiling and intraday cap
👉$110,500: Triangle breakout target
🔸️Support Levels:
👉$107,000: Trendline and structure base
👉$106,200: Lower liquidity pocket
💥Current Indicators
🔹️RSI (30-min): 44.4, indicating bearish divergence and below neutral
🔸️MACD (30-min): -1.44, confirming lack of upward momentum
🔹️Chaikin Money Flow (CMF):* 0.23, suggesting positive inflow but weakening
💥Price Predictions
Some analysts predict Bitcoin could reach $137,953 by July 2025, driven by historical growth trends, rising institutional interest, and regulatory progress. However, others forecast a slightly lower target of $114,700 by the end of July 2025. Other predictions include:
👉July 7, 2025: $108,298.54
👉July 2025: $110,986.24 (average price), $111,081.31 (maximum price)
💥Market Direction
Overall, Bitcoin's price action is testing a key ascending trendline, and the next 24 hours are crucial in determining the direction of the market.