Bitcoin Price Prediction: $108K Trendline Support Faces Key Test After 147K NFP

Key Points

1. Bitcoin is trading at $108,859, slightly lower despite stronger-than-expected U.S. macro data, including a June Non-Farm Payrolls gain of 147,000 jobs.

2. Technical indicators show early signs of fatigue: the MACD histogram has turned red, and signal lines are curling down.

3. A close below $108,300 could lead to a sharper decline, while a bounce above this level may target $110,400 and $112,041.

4. Bitcoin Hyper ($HYPER), a Bitcoin-native Layer 2 project, has raised over $1.88 million in its presale, merging Bitcoin's security with Solana's speed.

5. The project is audited by Consult and aims for scalability, trust, and simplicity, with a full rollout expected by Q1 2025.