Bitcoin remains steady near $104K as Trump’s remarks on Iran fail to provide meaningful support.
Bitcoin edged lower on Friday, while the broader cryptocurrency market showed limited movement despite an uptick in risk sentiment following U.S. President Donald Trump’s delay in deciding on potential military action against Iran. The leading cryptocurrency was on track to post a second consecutive week of modest losses, continuing to trade within a narrow range after reaching record highs in early June. Trading activity remained subdued amid a U.S. market holiday on Thursday, and sentiment across the crypto space was still under pressure from the Federal Reserve’s hawkish tone earlier in the week. Bitcoin slipped about 0.8% for the week, staying confined between $103,000 and $108,000—a range it has largely held throughout June. Broader digital assets also remained rangebound, extending their muted trajectory as Fed-driven caution continued to weigh on speculative markets.
Moving Averages :
Exponential :
- MA 10 :5064 | Negative Crossover | Bearish
- MA 20 :1939 | Positive Crossover | Bullish
- MA 50 :9363 | Positive Crossover | Bullish
Simple :
- MA 10 :9700 | Negative Crossover | Bearish
- MA 20 :3505 | Negative Crossover | Bearish
- MA 50 :6180 | Positive Crossover | Bullish
RSI (Relative Strength Index) : 51.3435 | Buy Zone | Bullish
Stochastic Oscillator : 16.09 | Sell Zone | Neutral
Resistance And Support Levels :
- R1 :7139 R2 :114804.4561
- S1 :7861 S2 :91945.0439
Overall Sentiment : Neutral Market Direction : Sell
Trade Suggestion : Limit Sell : 106747 | Take Profit : 102880 | Stop Loss : 108993
Technical Overview With Chart :
