Bitcoin on the Brink? What the Charts Are Whispering for This Week
📍 Posted on Binance Square | July 1, 2025
Bitcoin is hovering around $107K—but is this the calm before a bullish breakout or just another range-bound dance?
🔸 Current Status:
BTC is trading at $107,097, down just a tick at -0.54% today. The market cap sits steady around $2.12 trillion, with intraday lows at $106,752 and highs at $107,937.
🔸 Resistance Watch:
Key resistance lies at $110,200—break this and BTC might fly toward $112K or even higher. But bulls are cautious; that ceiling has held firm since mid-June.
🔸 Support Stronghold:
On the flip side, $105K is the must-hold level. Losing it might open doors to $103K and eventually $99.9K—aligned with the 20-, 50-, and 100-day EMAs.
🔸 Next 3 Days Outlook:
A moderate rally could test $108.5K to $110K.
If momentum breaks $110.2K, Changelly sees potential for a pump up to $127K+ by July 2—but that's the moonshot scenario.
Most analysts see sideways chop between $106–107K through the week unless volume kicks in hard.
🔸 Investor Pulse:
Sentiment is neutral-to-bullish. Volume is thinning slightly, and traders are watching macro cues. On-chain signals show some long-term accumulation, but no explosive catalysts—yet.
🔸 What’s Next?
Breakout above $112K = Bull season kicks off.
Drop below $105K = Short-term pullback likely.
Stay flat = Accumulation zone continues.
📊 Bitcoin may be playing it cool—but markets don’t stay silent forever.
⚠️ Eyes on $110.2K—watch that candle.
Wite your thoughts👇
#bitcoin #BTC #CryptoNews #BinanceSquare #CryptoUpdate #BitcoinPrediction #BTCNextMove