🟡 BTCUSD Daily Market Analysis—July 7, 2025

Introduction

The cryptocurrency market is known for its volatility, and Bitcoin (BTC) remains a focal point for traders and investors. As of today, the live price of BTCUSD stands at 108,911 USD. This analysis will delve into the daily and 4-hour time frames, utilizing a variety of technical indicators including Fibonacci Retracement Levels, Exponential Moving Averages (EMA), RSI divergence, and more. Understanding these elements can provide traders with a clearer picture of the market dynamics and potential price movements.

Market Overview

Current Price:

BTCUSD: 108,911 USD

Recent Swing Levels:

• Swing High: 110,587 USD

• Swing Low: 105,130 USD
  

Technical Analysis

Support & Resistance Levels

Daily Time Frame

• Support Levels:
  

  • 1st Support: 106,500 USD

  • 2nd Support: 105,130 USD (Swing Low)

  • 3rd Support: 103,000 USD
    

• Resistance Levels:
  

  • 1st Resistance: 110,000 USD

  • 2nd Resistance: 110,587 USD (Swing High)

  • 3rd Resistance: 112,000 USD
    

4-Hour Time Frame

• Support Levels:
  

  • 1st Support: 107,000 USD

  • 2nd Support: 106,000 USD

  • 3rd Support: 105,500 USD
    

• Resistance Levels:
  

  • 1st Resistance: 109,500 USD

  • 2nd Resistance: 110,000 USD

  • 3rd Resistance: 111,000 USD
    

Fibonacci Retracement Levels

Using the swing high and swing low, we can identify key Fibonacci retracement levels on the daily time frame:

• 23.6% Level: 109,000 USD

• 38.2% Level: 107,500 USD

• 50% Level: 107,000 USD

• 61.8% Level: 106,500 USD
  

These levels can act as potential reversal points where traders may look for buying or selling opportunities.

Exponential Moving Averages (EMA)

Daily Time Frame

• EMA 50: 107,200 USD

• EMA 100: 106,800 USD

• EMA 200: 105,500 USD

• EMA 400: 103,000 USD
  

4-Hour Time Frame

• EMA 50: 108,000 USD

• EMA 100: 107,500 USD

• EMA 200: 106,700 USD

• EMA 400: 105,200 USD
  

The EMAs provide insight into the overall trend direction, with shorter EMAs reacting quicker to price changes compared to longer EMAs.

RSI Divergence

The Relative Strength Index (RSI) is currently showing a mild divergence on the daily chart. While the price has been making higher highs, the RSI has not confirmed this with higher highs, indicating potential weakness in the current bullish momentum. Traders should be cautious of a possible price correction if this trend continues.

Order Blocks

Identifying order blocks on the daily and 4-hour charts reveals significant buying and selling zones:

• Daily Order Block: 106,500 - 107,000 USD (Strong buying interest)

• 4-Hour Order Block: 108,500 - 109,000 USD (Potential selling pressure)
  

These order blocks can serve as critical areas for traders to watch for potential reversals or continuations.

MACD Analysis

The Moving Average Convergence Divergence (MACD) indicator is currently showing bullish momentum on the daily time frame, with the MACD line above the signal line. However, a potential crossover could indicate a shift in momentum, warranting close monitoring in the coming sessions.

Summary of Key Levels

Daily & 4-Hour Support and Resistance

• Daily Support: 106,500 USD, 105,130 USD, 103,000 USD

• Daily Resistance: 110,000 USD, 110,587 USD, 112,000 USD

• 4-Hour Support: 107,000 USD, 106,000 USD, 105,500 USD

• 4-Hour Resistance: 109,500 USD, 110,000 USD, 111,000 USD
  

Exponential Moving Average (EMA) Levels

• Daily EMA Levels:
  

  • EMA 50: 107,200 USD

  • EMA 100: 106,800 USD

  • EMA 200: 105,500 USD

  • EMA 400: 103,000 USD
    

• 4-Hour EMA Levels:
  

  • EMA 50: 108,000 USD

  • EMA 100: 107,500 USD

  • EMA 200: 106,700 USD

  • EMA 400: 105,200 USD
    

Weekly and Daily Pivots

• Weekly Pivots:
  

  • Pivot Point: 108,500 USD

  • Resistance 1: 109,500 USD

  • Support 1: 107,500 USD
    

• Daily Pivots:
  

  • Pivot Point: 108,000 USD

  • Resistance 1: 109,000 USD

  • Support 1: 107,000 USD
    

Fibonacci Retracement Levels

• Key Levels:
  

  • 23.6%: 109,000 USD

  • 38.2%: 107,500 USD

  • 50%: 107,000 USD

  • 61.8%: 106,500 USD
    

Fundamental Analysis and USD News

As we look ahead, it's crucial to consider upcoming economic events that could impact the BTCUSD market. Key USD news to watch for includes:

• Federal Reserve Meeting: Scheduled for later this month, where interest rate decisions will be announced. Changes in rates can significantly influence market sentiment and the value of the USD.
  

• Inflation Reports: Upcoming inflation data releases could affect the dollar's strength, thereby impacting Bitcoin's price.
  

• Employment Reports: The job market data, including non-farm payrolls, will be closely monitored. Strong employment figures typically bolster the USD, which can inversely affect Bitcoin prices.
  

Understanding these fundamental factors is essential for traders looking to navigate the BTCUSD market effectively.

Conclusion

In summary, the BTCUSD market is currently positioned at a critical juncture with several technical indicators suggesting potential price movements. Traders should remain vigilant and consider both the technical and fundamental analyses presented in this report. By keeping an eye on key support and resistance levels, EMAs, and upcoming economic news, traders can make more informed decisions in this dynamic market.