Bitcoin Technical Analysis for the Week of 29, June - 07, July

Here's a Bitcoin price analysis for June 29, 2025, based on available data and technical indicators from recent sources:

#Current Market Overview
Price: Bitcoin is trading around $107,331.08 as of June 28, 2025, with a slight 24-hour decrease of approximately 1.99%.

#Market Sentiment: The market shows a neutral to bullish sentiment. The Fear & Greed Index is at 65 (Greed), indicating optimism but not extreme euphoria. Technical indicators suggest a 67% bullish sentiment, with 25 bullish signals versus 5 bearish signals.

Trading Volume: 24-hour trading volume is around $43.1 billion, slightly below recent averages, suggesting cautious trading amid volatility.

~~ Technical Analysis ~~
Price Trends:
Bitcoin is currently testing support at the 20-day EMA ($106,211), with additional support at the 50-day EMA ($103,110) and 100-day EMA ($98,807). The 200-day EMA ($93,092) serves as a key macro support level.

The 50-day moving average is rising and remains above the 200-day moving average, forming a golden cross, a bullish indicator.

Bitcoin is within a descending triangle pattern, which could resolve by July 1, 2025. A breakout above $110,000 could signal a new bull run, while failure to hold $102,000–$104,000 may lead to a drop toward $95,000–$98,000. even to $90,000.

Key Levels:
Support: $100,000 (recently held), $98,000 (psychological), $95,000 (flag pattern lower border).

Resistance: $108,700 (recent high), $110,000 (key psychological level), $112,000 (all-time high from May 2025)

Trend Bullish - Chart for your reference

-- Disclaimer --

This analysis is based on recent technical data and market sentiment from web sources. It is for informational purposes only and not financial advice. Trading involves high risks, and past performance does not guarantee future results. Always conduct your own research or consult a SEBI-registered advisor before trading.

#Boost and comment will be highly appreciated