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Bitcoin Faces Resistance At $109,400: Is A Move Toward $110K Coming?

Yigit Taha OZTURK — Mon, 07 Jul 2025 07:00:41 +0000

The crypto market’s attention is once again on Bitcoin, which recently broke above a key resistance but couldn’t hold higher levels. As bulls and bears battle for short-term control, the price is now hovering near a crucial technical zone.

Rejection From $109,400 Resistance Level

Over the weekend, Bitcoin broke past the previously highlighted $108,791 resistance and surged to $109,400. However, this level acted as a strong resistance, prompting selling pressure and a pause in the upward momentum.

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If BTC manages to close above $109,400, the likelihood of a move toward the psychological $110,000 mark increases significantly. Such a breakout would signal renewed bullish strength.

$108,791 Turns Into Key Support

In contrast, failure to sustain above resistance could lead to a retest of the $108,791 level, which now serves as a key support. A breakdown below this level may open the door for a deeper correction toward $108,000 or even lower.

Traders are advised to closely watch these levels as price action near them may define the next short-term trend in Bitcoin.

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The post Bitcoin Faces Resistance At $109,400: Is A Move Toward $110K Coming? appeared first on Coin Engineer.

Bitcoin Faces Resistance: Will The Bulls Break Through?

Yigit Taha OZTURK — Mon, 30 Jun 2025 14:00:12 +0000

The crypto market is moving cautiously but not without key technical signals. Traders are closely watching Bitcoin‘s price action on short-term charts, and recent movements are giving subtle yet important clues.

Resistance Holding Firm

In the 4-hour timeframe, the previously mentioned 108,791 USD resistance level was tested. However, there was no convincing breakout, and Bitcoin faced rejection. This indicates a lack of strong bullish momentum for now.

You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!

If Bitcoin manages to close above 108,791 USD, the next potential target range could be 111,000 – 112,000 USD. Until then, the market may remain range-bound.

Support Levels To Watch

On the downside, the nearest support zone lies between 106,622 and 105,725 USD. A drop below this range could lead to further corrective moves, while holding above might invite fresh buying interest.

A decisive move, preferably backed by volume, is needed to confirm a trend direction. Without that, price action may continue to fluctuate within a narrow range, frustrating both bulls and bears.

BTC/USD pair 4-hour chart.

The post Bitcoin Faces Resistance: Will The Bulls Break Through? appeared first on Coin Engineer.