Bitcoin Price Holds Steady — Bullish Monthly Structure Suggests Rally Continuation

Summary: There is a bearish trend line forming with resistance at $107,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The first key resistance is near the $108,000 level and the 50% Fib level of the downward move from the $108,792 swing high to the $106,800 low.
By Aayush Jindal on 2025-07-01 04:08. Aggregated by Coinblockers.