Israel ceasefire Archives - Coin Engineer https://coinengineer.net/blog/tag/israel-ceasefire/ Btc, Coins, Pre-Sale, DeFi, NFT Wed, 02 Jul 2025 14:38:27 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://coinengineer.net/blog/wp-content/uploads/2024/04/cropped-Coin-Engineer-Logo-Favicon-2-32x32.png Israel ceasefire Archives - Coin Engineer https://coinengineer.net/blog/tag/israel-ceasefire/ 32 32 New All-Time High? Bitcoin Faces a Pivotal Resistance Zone https://coinengineer.net/blog/new-all-time-high-bitcoin-faces-a-pivotal-resistance-zone/ https://coinengineer.net/blog/new-all-time-high-bitcoin-faces-a-pivotal-resistance-zone/#respond Wed, 02 Jul 2025 15:30:25 +0000 https://coinengineer.net/blog/?p=45429 Market momentum is picking up again, and all eyes are on bitcoin. Following the weekly open, a series of positive headlines has fueled a strong upward move. Among them, a major geopolitical event—the Israel ceasefire acceptance—has had a visible impact on price action. Red Box and $108,791 Resistance Are Key On the 4-hour chart, BTC

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]]> Market momentum is picking up again, and all eyes are on bitcoin. Following the weekly open, a series of positive headlines has fueled a strong upward move. Among them, a major geopolitical event—the Israel ceasefire acceptance—has had a visible impact on price action.

Red Box and $108,791 Resistance Are Key

On the 4-hour chart, BTC is approaching the critical $108,791 resistance level. This area, which aligns with the red box zone, is technically significant. If Bitcoin can secure a close above this zone, the potential for a new ATH (All-Time High) becomes a realistic scenario.

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Recent consolidation phases have kept traders cautious, but a breakout here could signal a renewed bullish trend. Market volume and momentum are worth watching closely at this level.

Support Still Holding Well

On the downside, the $106,622 – $105,725 range remains a solid support area. It has continued to hold during recent pullbacks, showing buyer interest at those levels. Today’s upward movement was also strongly influenced by the breaking news that Israel has accepted a ceasefire—proving again how geopolitical factors can rapidly shift sentiment in the crypto market.

Right now, BTC is at a decision point. A breakout could mean new highs, while failure to breach the resistance might lead to another period of sideways movement.

bitcoin, btc
BTC/USDT pair 4-hour chart.

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The post New All-Time High? Bitcoin Faces a Pivotal Resistance Zone appeared first on Coin Engineer.

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