Technical analysis by Orriginal about Symbol BTC on 7/1/2025

Bitcoin is once again getting rejected off the Fib circle just above. This is also just under a 618 Fib extension and so a combined rejection zone. Beneath this, we have support on that Bold dashed line. This is a Local line of supprt but has strength. And so, we find outselves in apennant again and that apex is around 22 July. PA tracts before the apex. As will be explained in the monthly chart I iwll post later, this all points towards a Calm July, possibly RED month. PA does however, have the ability and strength to push higher if the Bulls decide to make a move. The MACD https://www.tradingview.com/x/Y8DirHm0/ The Daily MACD is just above Neutral and has enough room to move. So, if we drop, support is arouns 103K If we loose that then 100K and then we land on that red 236 Fib circle that will offer a sliding line of support. But I do not think we will get there just yet Enjoy