Bitcoin (BTC) Price Prediction for July 10, 2025
Bitcoin price today is trading near $108,865, maintaining a tight range between $108,200 and $109,200. The asset remains locked in a triangular structure as bulls attempt to hold above the short-term ascending trendline.
Despite several tests of the resistance zone just below $109,600, momentum has remained capped, as reflected by a cooling RSI and low directional movement. However, market structure across daily and 4-hour charts remains bullish unless $107,200 breaks decisively.
Bearish RSI Divergence Signals Exhaustion
The 30-minute chart reveals a sequence of bearish RSI divergences, with price forming higher highs while the RSI steadily declines. This signals weakening upside momentum despite price pushes. The RSI has rebounded modestly to 53.8, but remains below bullish extremes.
Meanwhile, MACD lines have crossed slightly negative, with histogram bars reflecting muted bearish momentum. This lack of follow-through indicates a potential equilibrium phase rather than an impulsive drop.
Bitcoin Price: Bollinger Band Squeeze and EMA Support Hold
The post Bitcoin (BTC) Price Prediction for July 10, 2025 appeared first on Coin Edition.
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Bitcoin (BTC) Price Prediction for July 10, 2025
Bitcoin price today is trading near $108,865, maintaining a tight range between $108,200 and $109,200. The asset remains locked in a triangular structure as bulls attempt to hold above the short-term ascending trendline.
Despite several tests of the resistance zone just below $109,600, momentum has remained capped, as reflected by a cooling RSI and low directional movement. However, market structure across daily and 4-hour charts remains bullish unless $107,200 breaks decisively.
Bearish RSI Divergence Signals Exhaustion
The 30-minute chart reveals a sequence of bearish RSI divergences, with price forming higher highs while the RSI steadily declines. This signals weakening upside momentum despite price pushes. The RSI has rebounded modestly to 53.8, but remains below bullish extremes.
Meanwhile, MACD lines have crossed slightly negative, with histogram bars reflecting muted bearish momentum. This lack of follow-through indicates a potential equilibrium phase rather than an impulsive drop.
Bitcoin Price: Bollinger Band Squeeze and EMA Support Hold
The post Bitcoin (BTC) Price Prediction for July 10, 2025 appeared first on Coin Edition.
Read More
BTC Price Surge: Bitcoin’s Explosive Leap Above $112,000