Bitcoin closed June near $107,700 after bouncing strongly from sub-$100K support earlier in the month. As July begins, the Bitcoin price today is testing a key supply area between $108,000 and $110,000, raising expectations of a potential breakout if bulls maintain pressure.
Bitcoin Price Prediction for July 2025
The monthly outlook for Bitcoin price suggests an upward bias as long as the $104,000–$106,000 region holds as support. Multiple trendline breaks in June have shifted short-term structure bullish, and BTC has reclaimed the 20/50/100 EMAs. Notably, the 20-day EMA ($106,144) is now trending upward, adding strength to the current setup.
Price remains below the red order block near $110,500, which has been tested multiple times. A clean breakout above $110,000 could open the gates toward $114,500 and potentially $125,000.
BTC Price Indicators, Signals, and Charts (1M)
The Relative Strength Index (RSI 14) is currently hovering around 56.38 and is gradually rising, reflecting moderate bullish momentum without signaling overbought conditions. This suggests that there …
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