$BTC
š Market Check: BTC/USDT ā July 1st, 2025
Bitcoin opened July with uncertainty and volatility ā but also with potential. Here's what the 4H chart tells us š
š Quick Breakdown:
Current Price: $105,466
Daily High: $107,540
Daily Low: $105,250
Volume: 944 BTC (~$99.8M USDT)
š Previous Dip:
BTC touched $98,200 on the last retracement ā but quickly bounced back above the $106K zone.
That level is now a key short-term support to watch.
š Resistance and Moving Averages:
Price struggles to hold above the 25 EMA ($106,420)
MA(99) is hovering at $105,581, acting as a dynamic resistance
Momentum is still weak ā expect more chop unless BTC can break and hold above $107K with volume.
š§ What You Can Do:
ā ļø Caution on leverage ā range-bound market = fakeouts
š Watch for a clean break above $107K or a rejection and retest of $103K
š Great time to practice patience and scalp only with clear structure
Welcome to July. The marketās not asleep ā it's waiting.
Are you positioned for the next move?