$BTC 📊 BTC/USDT Technical Analysis & Forecast (July 5, 2025)
English Analysis:
• Current Price: $108,019.24 (-1.42% today)
• 24h High/Low: $109,767.59 / $107,245.00
• Volume (24h): BTC: 11,803.60 | USDT: 1.28B
Trend Summary:
Bitcoin is showing a short-term pullback after a recent upward move. The price is below the 60-day moving average (MA60: 108,103.70), indicating potential weakness in upward momentum.
Candlestick patterns suggest a possible correction phase. The previous strong green candles are now followed by red ones, showing increased selling pressure.
Indicators:
• MA(5): 1.22359 (short-term average is decreasing)
• MA(10): 1.25597
• Volume: Sudden volume spike suggests a liquidation or breakout attempt, but the failure to hold gains signals caution.
• 1-year return: +85.27% (strong long-term growth trend)
Forecast:
If BTC holds above $107,000, we might see a bounce back to $109,500–110,000. However, if it breaks below this level, the next support is at $105,000–103,000.