Moon or Doom: Will Bitcoin Stay Above $100K in July?

Will Bitcoin stay above $ 100,000 during the month of July? Bitcoin holders set up their bets on the world’s largest crypto currency, maintaining their six -digit status, with prediction markets reveal an optimism rush despite technical signals.

Currently trading just below $ 108,000, Bitcoin sits approximately 8% above the psychologically crucial level of $ 100,000 – but will this pillow be enough?

On countless, predictions market developed DecipherDastan’s home company, market “BTC above $ 100k during July?“He attracted $ 12.4,000 in the volume of trading with extraordinary Bullish positioning. The traders pushed the chances that Bitcoin successfully defended 100k of as many as 50-50 divisions 4th on July at a confident 64.5% only three days later.

This optimism still exists, despite Bitcoin to avoid even a short wick under $ 100,000 for a whole month. Unlike the market that will wonder where Bitcoin will end in July, this bet decides to “no” if BTC even touches $ 99,999 or lower – at any point any time – doing it with a pure support for support.

Bitcoin: a $ 100,000 line in the sand

For the context, Bitcoin has been traded over $ 100,000 since the beginning of May, establishing this level as key psychological support, which means that the roles are high. Violation under $ 100,000, even for a moment, not only to solve countless markets as “no”, but could start cascading sales orders of traders who see this level as a line between the bull and the bear market. In contrast, a successful defense of 100,000 by July would amplify it as a stable floor, which could set a stage for another attack on all the time.

While participants in the predictions market lie bulls, the charts paint a tin picture that should give the veterans a break. Multiple technical factors are converged to suggest that the $ 100,000 defense is facing serious challenges.

The trend that is not: perhaps the majority that refers to the average orientation index or ADX, which reads between 10-17 through time frames under 25 thresholds that confirms the presence in the trend. This historic low reading indicates that Bitcoin is not trend at all, but just hovering. Markets in such conditions become very sensitive to suddenly -oriented moves that can quickly erase seemingly comfortable buffers.

Volatility of winding such as spring: The interference indicator shows the status of “on” on both the daily and 4-hour ladder. This compression is usually preceded by explosive strokes of 5-10%. With only 8.4% of pillows up to 100k, the downward move could easily break the threshold.

Resistance of descending weavers: A well-defined silk line of trends from April the highlights continues to limit the sets close to 109-110K. Each rejection at this level increases the pressure of sales, and the sample suggests that the second test could start stopping.

Volume profile detects a magnet: Volume moody profiles (VPVR) shows mass accumulation between 97-104K, and the control point sits at 102-103K. Nodes with large quantities act as magnets prices during the conditions with a small ADX-just what we see now.

Road to BTC from $ 100K: Multiple support level stands guard

Good news for bulls: Bitcoin would have to go through several support zones before threatening $ 100,000. The four -hour ladder reveals a structured defense:

The first line of defense is $ 107,200, where the recent consolidation has built a base. Below, a 104,000 to 105,000 dollar zone shows a significant volume accumulation from the main purchases. A $ 102,000 psychological level provides one final interpreter before a critical threshold of $ 100,000.

Bad news for bulls: Bitcoin is currently testing the upper side of the channel, instead of staying somewhere in the middle, which means that short -term traders can have more bull enthusiasm than data suggest that they should. However, by 1 August, the distance between 100k and the top of the channel will be almost two -thirds between 100k and the DNA channel. So the prices would require significantly higher pressure pressure to break through the pressure resistance from the sale of pressure to achieve remote support, which is why the asymmetry of risk/reward actually favors the deficiency of the move despite current positioning.

This asymmetrical setting explains why, despite the 64.5% of bicoist positioning in the prediction markets and current higher channel tests, the technical likelihood of touching 100K USD remains elevated. Bulls must maintain outstanding momentum to break, while bears simply need to return to normal channel behavior to keep things south.

Will BTC of $ 100,000? What the scales say

Can Bitcoin keep $ 100K all July? Trade data suggest that this is closer to the invitation than the current price of Bitcoin of $ 108,000, and countless of 64.5% of trust.

Lack of momentum and compressed volatility are making a significant risk, but multiple support levels and maintains a bull’s market structure provide defense for a $ 100,000 line.

The next two weeks are critical – after all, the last time Bitcoin fell from the top of the canal to about $ 100,000, the move lasted only 11 days. If Squeeze posts upwards and bitcoin can establish a range of over $ 110,000, the $ 100,000 level becomes much safer. A break under $ 107,000 would bring the first actual test, and $ 104,000 served as a key battlefield.

All this means that the data currently support the opinion that it is more likely that Bitcoin remains above $ 100,000 for the rest of the month – if all things remain the same. And, of course, if you disagree, there are ways to express it in the market.