🗓️ Date: July 8, 2025
📍 Current Price: $107,893.56
📉 24h Change: -1.53%
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🔍 Key Technical Observations:
🔸 Moving Averages (EMA):
EMA(7): $108,155 → Price just below, signaling short-term weakness.
EMA(25): $106,993 → Price above, medium-term uptrend still intact.
EMA(99): $101,555 → Price well above, long-term trend remains bullish.
🧠 Interpretation: BTC is pulling back after testing recent highs but is holding above key medium and long-term supports.
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🔸 Support & Resistance Levels:
🔼 Immediate Resistance: $108,155 (EMA7)
🔼 Major Resistance: $109,584 (24h high)
🔽 Immediate Support: $106,993 (EMA25)
🔽 Key Support Zone: $105,259–$102,316 (previous structure lows)
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🔸 Volume Analysis:
Daily Volume: ~10,141 BTC → Normal, no signs of panic selling or strong breakout yet.
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🔸 Momentum Indicators:
RSI(6): 50.27
➤ Neutral — neither oversold nor overbought.
Stoch RSI:
StochRSI: 54.85
MA StochRSI: 67.33
➤ Mid-range, suggesting consolidation.
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📈 BTC Price Outlook (Short-Term):
✅ Bullish Bias If:
BTC reclaims $108,155, then targets:
T1: $109,584
T2: $111,146
❌ Bearish Bias If:
BTC breaks below $106,993, then watch for:
T1: $105,259
T2: $102,316
T3: $99,372
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💡 BTC/USDT Trade Plan
🟢 Scenario 1: Breakout Long Trade
Trigger: Close above $108,155 with strong volume
Entry: $108,200–$108,500
Targets:
🎯 T1: $109,584
🎯 T2: $111,146
Stop-loss: $107,000
Risk/Reward: ~1:2+
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🟡 Scenario 2: Support Bounce Entry
Trigger: Bounce from $106,993 (EMA25)
Entry: $107,000–$107,300
Targets:
🎯 T1: $108,155
🎯 T2: $109,584
Stop-loss: $105,500
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🔴 Scenario 3: Breakdown Short Trade
Trigger: Close below $106,993 with rising red volume
Entry: $106,800–$106,500
Targets:
🎯 T1: $105,259
🎯 T2: $102,316
Stop-loss: $108,000
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⚠️ Risk Management Notes:
BTC is consolidating with neutral momentum — wait for confirmation on either side.
Watch EMA(25) support closely — it’s key to maintain the medium-term trend.
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✅ Conclusion:
BTC is in a consolidation phase around $107,900, holding medium-term support but facing short-term resistance at $108,155. Wait for breakout or bounce signals.
Trade from here 👉 $BTC