💰 Current Price: $107,242 📉 24H Change: -$257 (-0.24%) 🔍 Technical Overview: BTC rebounded strongly from $99.5K lows to test $108K resistance. 50-Day SMA is holding near $105.7K, providing strong support. On the 15-min chart, short-term momentum is bearish-neutral with possible re-tests around $107K. 📈 Key Observations: Price facing resistance between $108K–$109K Bulls need a strong breakout above $109K for a potential move to $112K+ If rejected, support zones lie near $105K–$106K 📌 Trading Strategy: Long Entry: After a confirmed breakout above $109K Short-Term Dip Opportunity: Below $107K if support fails HODL Strategy: Solid base near $105K; long-term outlook remains bullish if macro sentiment supports it --- #bitcoin #Crypto #BTCUpdate #TechnicalAnalysis #MarketInsight
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📊 Bitcoin Market Update — June 28, 2025
💰 Current Price: $107,242
📉 24H Change: -$257 (-0.24%)
🔍 Technical Overview:
BTC rebounded strongly from $99.5K lows to test $108K resistance.
50-Day SMA is holding near $105.7K, providing strong support.
On the 15-min chart, short-term momentum is bearish-neutral with possible re-tests around $107K.
📈 Key Observations:
Price facing resistance between $108K–$109K
Bulls need a strong breakout above $109K for a potential move to $112K+
If rejected, support zones lie near $105K–$106K
📌 Trading Strategy:
Long Entry: After a confirmed breakout above $109K
Short-Term Dip Opportunity: Below $107K if support fails
HODL Strategy: Solid base near $105K; long-term outlook remains bullish if macro sentiment supports it
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#bitcoin #Crypto #BTCUpdate #TechnicalAnalysis #MarketInsight