$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.

🔮 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.

🧠 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.