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Bitcoin

Bitcoin at a Market Crossroads

29 Jun 2025by CryptoJazz Admin1 min read25 views
Bitcoin at a Market Crossroads

🟠Since early May, Bitcoin has remained within the $100,000–$110,000 range, showing resilience but lacking signs of renewed strong demand. According to Glassnode, the $93,000–$100,000 zone acts as key support β€” as long as the price stays above it, the bullish trend remains intact. However, low trading activity and weak investor interest continue to cap growth potential.

🟠Recent price fluctuations have been driven by external news rather than fundamental shifts. A decline in transaction volume and increased profit-taking point to cooling market sentiment. The market stands at a crossroads: upward movement is possible, but it will require fresh momentum.

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