Bitcoin Spike is seen on realized profits – still far from the late 2024 levels star-news.press/wp

Trusted editorial The content, which was reviewed by leading industry experts and experienced editors. AD disclosure

Bitcoin is currently trading at critical levels, holding firmly more than $ 105,000 but struggles to penetrate the resistance area of ​​$ 109,000. This range has become a decisive battlefield between bulls and bears, as the market participants closely monitor the collapse or collapse in the coming days. While the bulls are still controlling and continuing to defend the main support levels, the failure to pressure the discovery of prices raised fears that the correction may be waving on the horizon.

In addition to this cautious feeling, new data from Glassnode reveals a noticeable increase in profit achievement activity via Bitcoin. The achieved profits increased to $ 2.46 billion in one day, while the moving average increased for 7 days to $ 1.52 billion, much higher than average average to $ 1.14 billion. Although it is still less than the peaks seen in late 2024, these direction signals that started investors began to secure gains, and may prepare to increase volatility.

With the division of the total feelings and circumstances in the flow, the coming days may be crucial for the next main bitcoin. If the bulls can restore the level of 109 thousand dollars, the momentum may return. But if the profit achievement is intensified, the deepest BTC may be re -corrected towards a sign of $ 100,000.

The achievement of profits is accelerated as the bitcoin battles resistance

Bitcoin witnessed great fluctuations in 2025, characterized by the swing of aggressive prices that the merchants kept on the edge of the abyss. Last month, he witnessed an increase in Bitcoin to the highest new level ever near 112,000 dollars before restoring the lowest local level of $ 98,000. Despite this intermittent procedure, the broader trend remains positive. Since the reversal of $ 75,000 in April, Bitcoin has increased more than 15 %, while maintaining control and defending the main support areas.

This force coincides with a wider risk environment, as the US stock market has recently reached the highest new level ever. Many analysts believe that Bitcoin and the broader encryption market may be in the queue to take advantage of improved morale and increase the investor’s appetite.

but, Data on the series from Glassnode It reveals that achieving profit is heading again. Yesterday, the profits achieved on the Bitcoin network amounted to $ 2.46 billion, while the simple moving average for 7 days (SMA) increased to $ 1.52 billion. This number exceeds the average year of $ 1.14 billion, indicating a renewed wave of profit between investors. However, these levels remain much less than the profit height from 4 to 5 billion dollars during the peak of frenzy in November and December 2024.

Bitcoin achieved profit Source: Glassnode on X
Bitcoin achieved profit source: Glassnode on X

While these scales do not necessarily indicate an immediate top, they reflect the increasing caution in the market. Since Bitcoin hovers a little less than its highest level ever, the balance between the bullish momentum and the profit of the investors will be a key to determining whether BTC breaks up or restores more in the upcoming sessions.

BTC is struggling under critical resistance

The 12 -hour graph appears from Bitcoin a clear unification stage that started in early May. After a sharp rise above $ 100,000, BTC was traded within a specific range, with major support at $ 103,600 and a harsh resistance near $ 109300. The price was paid shortly on the moving averages from 50, 100 and 100, but the strong sales pressure continued to prevent any decisive outbreak over the area of ​​109 thousand dollars.

BTC merges the highest levels of demand Source: BTCUSDT scheme on TradingView
BTC merges the highest levels of demand source: BTCUSDT CHART on Tradingview

Currently, Bitcoin is traded at about $ 106,557, a little less than the short -term moving averages, indicating a possible cooling period. The price procedure remains intermittent, with multiple failed attempts to create a clear direction. Despite the bullish attempts to re -test the upper resistance scope, Volume has not confirmed the occurrence of the outbreak, and the Wicks above 109 thousand dollars indicates exhaustion at those levels.

The 106 thousand dollar sign – loaded with 50 and 100 SMAS – works as dynamic support, but it can send BTC below quickly to re -test the level of $ 103,600. On the upper side, the bulls must scan $ 109,300 with a condemnation of a possible gathering towards new levels ever.

Distinctive image from Dall-E, the tradingView graph

Editing process For Bitcoinist, it is focused on providing accurate, accurate and non -biased content. We support strict resource standards, and each page is subject to a diligent review by our team of senior technology experts and experienced editors. This process guarantees the integrity of our content, importance and value of our readers.

https://bitcoinist.com/wp-content/uploads/2025/07/Untitled-design-27.jpg

2025-07-02 04:00:00

Leave a Reply

Your email address will not be published. Required fields are marked *