Technical analysis by AlexeyWolf about Symbol BTC on 7/4/2025

Hi traders and investors!Buyers have reached the first target at 108,952.On Binance spot, BTC missed the second target (110,530.17) by just 99 cents.Is this a setup for a breakout and a run toward a new ATH?So far, the price action looks like a level manipulation around 108,952: volume in all 3 bars interacting with this level is concentrated above it.Just below lies a buyer zone (107,500 – 105,100).I am watching for buyer reaction once the price reaches this area.This analysis is based on the Initiative Analysis concept (IA).Wishing you profitable trades!