$BTC

📊 Bitcoin (BTC/USDT) — Technical & Fundamental Analysis

As of: July 8, 2025 | Current Price: $108,296

24H Range: $107,429 – $109,216 | 24H Volume (USDT): $964.84M | Volume (BTC): 8,912.70

🔍 Technical Analysis

1. Price Action & Trend:

BTC is currently consolidating in a tight range between $107K–$109K after a bounce from the $99K zone.

The recent high was $111,980, acting as a resistance level.

Price is hovering above the 25-day MA, showing a short-term bullish bias, but facing slight resistance around the 7-day MA.

2. Moving Averages:

MA(7): $108,625 – acting as dynamic short-term resistance.

MA(25): $106,395 – acting as short-term support.

MA(99): $99,455 – confirms a long-term uptrend is intact.

3. RSI (Relative Strength Index):

RSI: ~68.81 – near overbought territory but not yet overextended. Suggests momentum is bullish but cautious.

4. Volume:

Volume is slightly declining, which indicates market participants are waiting for a breakout from the current range.

No signs of major selling pressure yet, but caution is warranted.

5. Key Levels:

Support: $106,395 (MA25), $99,455 (MA99), $91,843.

Resistance: $111,980 (local high), $113,630 (strong resistance zone).

📰 Fundamental & Sentiment Analysis

Recent News Highlights:

ETF inflows remain steady, with institutional interest continuing.

XRP News Banner: "XRP Poised for Breakout…" — Altcoin momentum may influence BTC dominance.

Macroeconomic outlook: Expectations of Fed holding rates could keep risk assets (including BTC) supported.

Geopolitical Factors: Ongoing U.S. election news & global inflation outlook may increase market volatility.

🧠 Buyer vs Seller Sentiment

Buyer Side:

Holding above key MAs suggests bulls are defending dips.

RSI staying above 50 implies continued buying momentum.

Seller Side:

Lower highs forming near $111K indicate profit-taking near resistance.

Weak volume suggests hesitation from both bulls and bears.

✅