Bitcoin Holds Key Level Amid $108,000 Rejection, But Analysts Suggest Caution This Quarter

Summary: BTC Risks Massive Drop In Q3 Sjuul pointed out that below the $101,000 support, “there is not much to defend the price from falling much lower,” adding that the “historical quarterly return of BTC for Q3 has not been great, so this adds some extra caution to the picture we have taken from the chart. He added that, as a new quarter and month begin, BTC will likely see a “choppy start,” but Bitcoin is still consolidating within its current range and descending channel, suggesting that investors should give it time to “play out and watch for confirmations” of the direction it will take for the rest of the month.
By Rubmar Garcia on 2025-07-02 07:00. Aggregated by Coinblockers.