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Technical analysis by NoFomoCharts about Symbol BTC on 7/7/2025

https://sahmeto.com/message/3617105
NoFomoCharts
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Bitcoin (BTCUSD) has been in a recent Daily price Uptrend, rallying up from the $100,000 price support level. A SMA Golden Cross printed on May 21st, 2025. Bitcoin price is attempting a resistance zone test and has yet to breakout and hold above the $111,000 to $112,000 price zone. Resistance levels: $110,000 , $112,000 , $117,000 , $121,000. Support levels: $108,000 , $107,000 , $105,000 , $104,000 , $100,000. Recent crypto industry, government legislation news, and institutional crypto purchases have helped to keep Bitcoin price above $100,000 support. Stock market correlation volatility could also affect the crypto market and prices for the next 30 to 45 days.

Translated from: English
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Signal Type: Neutral
Time Frame:
1 day
Price at Publish Time:
$109,491.29
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