๐ฐ Current Price: $107,242 ๐ 24H Change: -$257 (-0.24%) ๐ 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. ๐ Key Observations: Price facing resistance between $108Kโ$109K Bulls need a strong breakout above $109K for a potential move to $112K+ If rejected, support zones lie near $105Kโ$106K ๐ 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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๐ Bitcoin Market Update โ June 28, 2025
๐ฐ Current Price: $107,242
๐ 24H Change: -$257 (-0.24%)
๐ 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.
๐ Key Observations:
Price facing resistance between $108Kโ$109K
Bulls need a strong breakout above $109K for a potential move to $112K+
If rejected, support zones lie near $105Kโ$106K
๐ 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