đš Bitcoin (BTCUSD) Update â July 2, 2025 đš
Right now, Bitcoin is trading sideways with a slight bearish bias. Hereâs what to watch:
đč Resistance levels:
Todayâs high around $107,157
Key supply zone between $108K and $109K
Bullish breakout zone at $110K
đč Support levels:
Todayâs low at $105,344
Critical psychological support at $105K
Break below $105K could lead to a test of $104,300 or even $100K
đ Technical vibe:
Price is stuck in a descending channel
Momentum is weak, but bulls are holding strong above $105K
Indicators like MACD and RSI are slightly bearish but nothing definitive yet
đŻ Trading ideas:
If we break above $107,200, look for a move toward $109K and possibly $110K
Falling below $105K? That could open the door to $104,300 and $100K
đ Summary:
Bitcoin remains in a tight range between $105K and $108K. A breakout in either direction could set the tone for the coming days. Stay alert, manage your risk, and watch those key levels!