July 3, 2025 03:06:43 UTC
Bitcoin Price Today, BTC/USD
Bitcoin is testing the upper end of its consolidation range around $110,000, as strong ETF inflows, declining exchange balances, and mounting political pressure on the Fed create a potential breakout scenario. Despite these bullish signals, price action remains muted suggesting the market is coiling for a major move. With July’s historically strong seasonality and key labor market data just hours away, the timing is critical. Volatility remains low, offering strategic entry points. If Bitcoin breaks past $110K with conviction, the next leg higher could be swift. All eyes are on the upcoming macro signals to confirm the breakout.
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