📈 Crypto Market Update – 10/7/2025

Bitcoin (BTC):

Current Price: ~$111,161

Nearest Resistance: $111,980

RSI (14): 60.47 – indicates strong upward momentum, but nearing overbought territory

MACD Histogram: +233.96 – strong bullish signal

Stochastic %K: 97.87 – warning of short-term correction Blockchain NewsBlockchain News+2Blockchain News+2Barchart+2

Analysis: BTC is in a strong upward trend, but technical indicators suggest the possibility of a short-term correction. I believe BTC will return to 110k USD, which is a price point that can be re-entered. You should closely monitor support and resistance levels to make appropriate decisions about the trend as BTC is clearly set to reach ATH3 at 115k USD