The current price is equivalent to $108,751, with a slight increase of about 0.62% compared to yesterday's close.
The highest level during the day reached $108,952, while the lowest was at $107,846.
🧭 Context and Analysis Today
1. Slight decline and stability at support levels
Technical analysis indicates that Bitcoin has entered a consolidation range between $107,000–$110,500. Despite currently standing around $108,600–$108,800, indicators like RSI and MACD show a decrease in momentum, reflecting a state of moderate volatility in the market.
2. Legendary movements from large investors
It is said that "whales" (holders of large quantities) of Bitcoin sold about 500,000 BTC worth nearly $50 billion over the past year, but institutions bought nearly 900,000 BTC, reflecting a shift towards institutional dominance in the market.
3. Major factors affecting forecasts
The waning strength of the global dollar, expected interest rate cuts, and the entry of institutions through asset-backed Bitcoin funds (spot ETFs) are all factors supporting the likelihood of further upward movement in the second half of 2025.
⚖️ Key Points and Technical Decisions
Scenario Details
Main Resistance Between $108,800 and $110,500
Immediate Support Around $107,000–$107,200
Technical Indicators RSI below 50, MACD negative – London markets show reduced activity
Possible Scenarios - Breaking through resistance could push the price to $110,500+
