Bitcoin (BTC) Price Prediction for July 6, 2025: Will BTC Hold Above $108K as Momentum Wanes?

Key Points

1. Bitcoin price has stalled near $108,000 after rejecting the $110,800–$111,000 supply zone, with the Supertrend indicator remaining bullish above $106,997.

2. Bearish divergences on the 30-minute RSI and MACD suggest weakening bullish momentum, while the Chaikin Money Flow (CMF) remains positive but is declining.

3. Bollinger Bands compression and a drop in Open Interest (-2.6%) and options volume (-7.7%) indicate market hesitation and potential volatility ahead.

4. Key levels to watch: Resistance at $108,800–$109,000 and $110,500; Support at $107,000, $106,200, and $105,500.

5. A breakout above $108,800–$109,000 could target $110,500, while a breakdown below $107,000 may lead to a drop toward $106,200 or $105,500.