BTC Market Update – July 3, 2025

Support & Resistance Levels
• Immediate resistance: $109,000–109,600 — price is currently approaching this zone
• Key technical resistance: $111,980 (previous all-time high) and chart-based pivot resistances at $110,904 and $112,594  
• Support zones: $107,300–107,200 (short-term intraday) and $105,000–104,000 at broader levels ()

Technical Context
• Daily moving averages (MA5/10/30) are trending higher, with price above them — a bullish signal ✔️
• Oscillators like RSI (~57) are neutral-to-positive, though MACD and ADX suggest trend strength 

Key Trigger Levels
• Bullish breakout: A daily close above $111,980, ideally with solid volume — opens door to $143,000 per strategist Ed Campbell 
• Bearish continuation: A drop below $105,000–104,500 may target $100,000 

Summary
• BTC is forming an upward base around $108,000–109,000. Watch for a clear breakout above $111,980 to confirm bullish momentum. On the flip side, failure here risks a pullback toward $105,000 or lower.