Bitcoin is reaching a major resistance, and the next move may depend on whether $110K holds or fails very soon
A correction could send BTC toward $90K and the charts show signs of weakness that match earlier tops
The weekly chart signals that traders may face high risk if BTC does not hold support near $100K next week
Bitcoin’s weekly chart is showing signs of resistance just above the $110,000 level, raising short-term reversal concerns. A key analyst suggests a potential pullback is likely unless BTC breaks cleanly above this high-timeframe resistance. Indicators such as the Stochastic RSI and price patterns support the view of a temporary top forming soon. The chart, shared on June 10, 2025, shows Bitcoin trading close to a long-term trendline acting as a resistance ceiling.
Source: X
Despite recent gains, the current level of around $110,208 could represent an exhaustion point for bulls in the short term. Technical evidence supports caution as the risk-to-reward ratio appears unfavorable for new positions at this level. Although the long-term trend remains bullish, near-term price action could lead to a sharp rejection.
A projected move downward is shown by a blue arrow on the chart, targeting the cloud support zone as a fallback level. This aligns with historical patterns, where BTC typically retraced after testing strong resistance points during previous cycles.
Stochastic RSI and Cloud Support Point Toward a Cooling Phase
The Stochastic RSI, placed at the bottom of the weekly chart, shows a crossover at extremely high values. Such a setup often signals a shift from buyer dominance to a period of selling or cooling-off in bullish momentum. This technical condition supports the view that a local top could emerge near current price levels.
At the same time, Ichimoku Cloud indicators show BTC well above the green support cloud, indicating possible overextension. Clouds on the chart represent trend strength and support zones, and a return to this range would not invalidate the trend. Instead, it could provide a healthier reset for the market, especially ahead of potential larger moves.
The possibility of a deviation above this key level and a local top in July has been suggested by some market watchers. This theory assumes BTC may briefly exceed resistance before retreating below, trapping late buyers expecting a breakout. Such fakeouts are common in crypto and often lead to fast corrections when demand fails to sustain the rally.
Volume behavior and price structure in the coming weeks will determine whether this resistance becomes a true breakout. Until then, traders may stay alert for any signs of bearish divergence or volume weakness near these levels. Holding above $100,000 remains key to keeping the bullish structure intact in case of short-term dips.
Will Bitcoin Break $110K or Face a Temporary Top This July?
The pivotal question facing traders now is whether Bitcoin will break through $110K or establish a short-term top. If BTC fails to hold above current highs, the price could revisit support zones between $95,000 and $90,000. This range sits within the Ichimoku Cloud, offering support without disrupting the broader bullish structure.
