$BTC 📊 Technical Analysis (As of June 28, 2025)
1. Price Overview
• Current Price: ~$107,100
• 24h Change: +0.10%
• 24h High/Low: $107,735 / $106,356
• Recent Low: $98,200 (reached ~June 20)
2. Price Trend
• BTC has rebounded strongly from the $98,200 support level.
• The recent candles show strong bullish momentum, with higher highs and higher lows.
• The price is now flirting with resistance around $107,100–107,735, which previously acted as a local top.
3. Moving Averages
• MA60 (107,141) is just above the current price → slight resistance.
• Short-term MA(5) and MA(10) are below the price, showing short-term uptrend strength.
4. Volume (VOL)
• Rising trading volume, especially over the past 2–3 days → indicates stronger market participation and confidence.
• Over the past 90 days, volume has increased by +30.3%, and over 180 days: +14.05% → Strong underlying momentum.
5. RSI and Momentum
• RSI (not shown explicitly, but inferred from recent upward moves and volume): likely approaching overbought territory → cautious optimism needed.
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🔮 Forecast (Short-Term)
Bullish Scenario (60% probability)
• If BTC breaks and holds above $107,735, next resistance levels are:
• $109,600
• $111,980 (recent peak)
• Momentum and volume favor this scenario if BTC can close above MA60.
Bearish Scenario (40% probability)
• Failure to break $107,735 could lead to a retest of:
• $105,000
• $103,500
• A break below $103,000 may trigger a correction toward $100,000–98,000 again.
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🧠 Summary
BTC is in a short-term bullish trend after rebounding from $98,200. It is currently testing resistance at $107,100–107,735. Increased volume and moving average alignment suggest a potential breakout, but caution is advised near overbought levels.