Technical analysis by Aria-Margot-Fx about Symbol BTC on 6/29/2025

BTC/USD Analysis – June 29, 2025Timeframe: 30-MinExchange: OANDAAnalyst: Aria-Margot-Fx---📌 OverviewBitcoin (BTC/USD) is currently consolidating within a well-defined horizontal range after a sustained uptrend. Price is oscillating between key support at $106,069 and resistance at $108,331, forming a textbook accumulation/distribution zone (highlighted in yellow). The market appears to be coiling for a breakout, with a directional move likely imminent.---🔍 Key Observations1. Previous Trend:Strong bullish impulse led to a rising channel (green zone) which has now transitioned into sideways consolidation.Prior price action was marked by clean structure and consistent higher highs/lows.2. Current Structure:Range-bound structure: $106,069 - $108,331.Price is hovering near mid-range ($107,164) with visible compression of volatility—often a precursor to breakout.3. Critical Levels:LevelDescription110,189Bullish breakout target (measured move projection)108,331Range resistance; breakout point106,069Range support; breakdown trigger103,833 / 102,217Bearish continuation targets100,305 / 98,986Strong demand zones---📈 Potential Scenarios🔵 Bullish Breakout:If BTC breaks and closes above $108,331 with strong volume:Expect continuation toward $110,189.Ideal entry: Retest of breakout zone with confirmation (bullish engulfing / demand wick).🔻 Bearish Breakdown:If BTC loses $106,069 support decisively:Short-term targets: $103,833 and $102,217.Break of $100,305 would indicate a full reversal of the prior trend.---🧠 Analyst InsightThis consolidation may reflect institutional positioning, with smart money accumulating ahead of the next big move. Traders should:Wait for confirmation outside the yellow box.Use tight stop losses within the range.Track volume and momentum indicators for breakout validation.---📊 Strategy RecommendationStrategy TypeEntry ZoneTargetStop LossBreakout LongAbove $108,331$110,189$107,000Breakdown ShortBelow $106,069$103,833 → $102,217$107,200---💡 Final ThoughtsBTC is at a critical inflection point. The tighter the consolidation, the more explosive the breakout. Be patient, trade the breakout, not the anticipation.If this idea adds value, give it a like and share your thoughts below!---✅ Pro Tip for Editors' Picks:Include a clear title like:> "BTC/USD Coils for Breakout: Will $110K Hit Next or Are We Heading Back Below $103K?"treade active