Technical analysis by KINGSLIGHTFX about Symbol BTC on 6/28/2025

Bitcoin has rallied to $108k after sweeping liquidity below $98k, driven by easing geopolitical tensions in the Middle East. The cryptocurrency's fundamentals and structural trends suggest room for growth, but it appears to have exhausted its momentum, entering a consolidation or accumulation phase. Technically, the 4-hour chart is limited, but a potential correction to $104k-$103k could occur before further growth. For now, traders can focus on short-term buys and sells in the $106k-$108k range, awaiting clearer direction.