๐ Technical Analysis of Bitcoin (BTC) for the Week
๐
Period: June 24 โ July 1, 2025
BTC traded in the range of $104,000โ112,000, forming a bullish flag and an 'ascending triangle'. Closing the month above $107,000 set a historical record.
๐ Technical Levels:
Support: $105,600 (EMA-20), $103,700 (EMA-50), then $99,900 (EMA-100)
Resistance: $110,000โ112,000 (key zone), above โ $114,000 and $125,000
๐ Volumes and Metrics:
Volumes are moderate, but accumulation continues.
On-chain metric "Apparent Demand" โ is in the negative zone, signaling a possible correction.
Candle formations โ spinning-top, indicate uncertainty.
๐ฎ Forecast for the Week:
1. Bullish Scenario: Break above $112,000 with volume โ targets $125,000โ143,000
2. Neutral: Consolidation in $105,000โ112,000, good entry points at the lower boundary
3. Bearish: Loss of $105,000 โ possible pullback to $98,600โ99,900
๐ Summary:
BTC maintains a bullish structure, but the market is at a crossroads. July may start with momentum in both directions. We await confirmations from volumes and macro indicators.
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