$BTC
๐ช Bitcoin (BTC) Market Overview โ July 7, 2025
๐ Current Price: Approximately $108,900
๐ Market Behavior: Trading in a narrow range between $107K and $110K
๐ง Key Support: Around $106,400
๐ Resistance Zone: Between $110,600 and $114,000
๐ Short-Term Perspective (July)
Bitcoin appears to be gearing up for a breakout. A decisive move above $110K could trigger a rally toward $115Kโ$135K.
However, if it slips below $107K, a downward correction may follow.
๐ Bullish Catalysts
Major institutional accumulation (e.g., MicroStrategyโs $532M purchase)
Consistent inflows into Bitcoin ETFs (~$45B/month)
Supportive regulatory stance in the U.S.
๐ Long-Term Projection
Market analysts forecast $160K to $200K for BTC by the end of 2025, contingent on continued bullish momentum.
โ ๏ธ Downside Risks
A drop below $107K may signal bearish reversal
Broader macroeconomic concerns (e.g., interest rate hikes, market volatility)
Uncertain regulatory developments
