Technical analysis by ClaudeEddie about Symbol BTC on 7/5/2025

Bitcoin's price was closed at $ 108,199 on July 5, 2025, with a fluctuation during the day in a narrow range between 107,386 USD and $ 109,117. The market value of bitcoin is now 2.151 trillion US dollars, and its trading volume 24 hours is $ 2.1145 billion, and it continues to be stable without the main resistance levels without any clear momentum in its direction. US dollars, followed by a decrease under strong sale pressure. The price structure on the graph reflects a higher graph, but it also reflects the lowest peaks in the short term - a sign of new stability. The main support level is at $ 107,800 and $ 106,300 is very important for swinging trading. A certain upscale candles model, such as a hammer model or a swallowing model near $ 108,000, may provide a positive model for the risk to the bonus targeting the resistance level near $ 110,000. Traders should be careful not to dumping in the RSI index (RSI) or continuous failure to restore its previous high levels. From a daily perspective, the bitcoin price moves within the scope of trading its peak at 110,587 USD and its lowest levels at 98,240 USD, with its recently bounced to the US $ 108,000 region. This symmetric movement is a potential dual top, with a rise in trading volume in the declining direction showing a distribution pattern. The range between 98,000 USD and $ 110,000 defines the current total situation, while working on price pressure. Investors should wait for the confirmation when searching for long -term entry: a strong bullish hack over $ 111,000 will confirm the continuation of the upward trend, while the penetration below 98,000 USD indicates a declining reflection. If the bitcoin price exceeds 109,000 USD strongly, and confirmed the continued bullish penetration over 111,000 USD with a strong trading volume, then the general trend will encourage the resumption of registration New standard levels. The consensus of purchase signals across all major moving averages and the budget momentum MACD index, with the possibility of further climbing in the near -term to the average. If the bitcoin price fails to maintain its price above 108,000 USD, and its penetration below the critical support level at 107,300 USD, this will confirm a declining reflection from within the current price range. The conditions of peak purchase and severe sale of the last altitudes indicate that the market may prepare for a deeper correction, with declining targets of up to the range of $ 100,000 and below it.