$BTC 📊 BTC/USDT July 7, 2025

🔎 Analysis:

As of July 7, 2025, BTC/USDT is trading at $109,288.47, up +1.01% in the last 24 hours. The price action shows a recovery trend from the recent low of $98,200, gradually forming higher lows and consolidating around the $108K–$110K range.

Key Observations:

• Resistance: Around $110,530, previously tested and rejected.

• Support: Near $105,721, with strong buyer interest.

• MA60: Currently near price ($109,326), indicating a neutral-to-bullish trend.

• Volume: Moderate increase in buy-side volume suggests growing confidence.

• Volatility (90 days): +41.08% shows strong momentum potential.

Prediction:

If BTC holds above the $108K support, a retest of $110K is likely. Breaking that resistance may target $111,500 and beyond. However, failure to hold support could drag it back to $106K–$105K short-term.