Bitcoin Price Watch: Bulls Target New Highs as Resistance Zone Tightens

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Bitcoin traded at $109,943** on July 3, 2025, reflecting a robust recovery within the broader market trend. With a **market capitalization of $2.186 trillion, 24-hour trading volume of $37.77 billion, and an intraday range of $107,269 to $110,117, price action showed a cautious approach toward resistance.

Bitcoin Price Analysis: Daily Chart

On the daily chart, Bitcoin displayed a bullish structure characterized by higher lows and a significant bullish engulfing pattern formed after a late-June dip. Key observations:

Traders who entered near the $105,000 breakout are advised to consider **partial profit-taking** at $110,500–$111,000. The medium-term outlook remains positive if momentum holds above $105,000.

4-Hour Chart Insights

The 4-hour BTC/USD chart shows a clear higher highs and higher lows pattern from $105,130:

A close below $109,000 may signal a short-term correction, but the overall trajectory stays bullish.

1-Hour Momentum Check

The 1-hour chart highlights rapid surges but stalling momentum near $110,000–$110,300:

Technical Indicators: Mixed Signals

Moving Averages: Bullish Alignment

All major MAs (10–200 period EMAs/SMAs) sit below the current price, confirming the uptrend:

Bull Verdict

If Bitcoin holds above $109,000 and breaks $110,500–$111,000 with volume, new highs are likely. The daily chart’s bullish setup and MA alignment favor upward continuation.

Bear Verdict

Rejection at resistance or a drop below $109,000 may trigger a correction toward $106,000. Losing $105,000 would invalidate the bullish thesis.


FAQ Section

1. What’s Bitcoin’s key resistance level in July 2025?

The immediate resistance is $110,500–$111,000. A breakout here could signal further gains.

2. Where is Bitcoin’s strongest support zone?

The $102,000–$103,000 range acts as critical support, backed by volume and historical price action.

3. How reliable are current bullish signals?

While MAs and daily chart patterns are strong, short-term exhaustion on lower timeframes warrants caution. Always use stop-losses.

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4. What indicators suggest a potential pullback?

Momentum indicators show short-term bearish divergence, while RSI/Stochastic remain neutral. Watch for volume drops near resistance.

5. How significant is the $105,000 level?

It’s a make-or-break point. Sustained trading below it could shift the trend bearish.

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6. Is now a good time to buy Bitcoin?

For long-term holders, dips to support ($106,000–$107,000) may offer entry points. Short-term traders should wait for a confirmed breakout above $111,000.