Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you are unlikely to be protected if something goes wrong. Take 2 minutes to learn more
BTCUSD Market Analysis- July 2
Bitcoin reclaims its bullish momentum after a strategic liquidity sweep, setting its sights on the $125,000 mark as bullish pressure builds across key levels.
Bitcoin (BTCUSD) Key Levels
Support Levels: $93,000.00, $77,400.00
Resistance Levels: $112,000.00, $125,000.00
BTCUSD Long-Term Trend: Bullish
Bitcoin has resumed its bullish trajectory after executing a strategic liquidity sweep below previous lows. Price initially peaked in late January 2025, triggering a bearish correction that extended into April. This correction found strong support at the $77,400 level—an area that proved to be a significant turning point for market structure.
Following this low, Bitcoin shifted decisively into a bullish structure, characterized by strong bullish candles driving price upward toward the $112,000 supply level. Despite the strength of the bullish momentum, price was unable to break through the $112,000 barrier, which resulted in a brief retracement.
However, this pullback appears to have served the purpose of collecting sell-side liquidity, rather than initiating a full reversal. With a failed low now in place and the daily Moving Average indicating a continued bullish bias, the odds of surpassing the $122,000 supply level have significantly increased.
BTCUSD Medium-Term Trend: Bullish
On the 4-hour chart, Bitcoin is currently forming a fresh bullish leg. Price is steadily climbing toward the buyside liquidity zone and the $122,000 supply level, showing consistent bullish momentum.
The daily Moving Average offers additional confirmation of the uptrend, as price continues to trade above it. The ongoing bullish push is expected to breach the $122,000 resistance decisively, with momentum likely to extend toward the $125,000 supply level in the near term.
Make money without lifting your fingers: Start using a world-class auto trading solution
Note: Learn2.trade is not a financial advisor. Do your research before investing your funds in any financial asset, product, or event. We are not responsible for your investment results.
- Broker
- Min Deposit
- Score
- Visit Broker
- Award-winning Cryptocurrency trading platform
- $100 minimum deposit,
- FCA & Cysec regulated
- 20% welcome bonus of upto $10,000
- Minimum deposit $100
- Verify your account before the bonus is credited
- Fund Moneta Markets account with a minimum of $250
- Opt in using the form to claim your 50% deposit bonus
Learn to Trade
Never Miss A Trade Again
Signal Notification
Real-time signal notifications whenever a signal is opened, closes or Updated
Get Alerts
Immediate alerts to your email and mobile phone.
Entry Price Levels
Entry price level for every signal Just choose one of our Top Brokers in the list above to get all this free.
