FXEM - EMPIRE MARKETS - Company New Article

To access the website's classic version and the new accounts, please click here

Jul 01, 2025

BTC chart on the hourly time frame

BTC chart on the hourly time frame

Previously, we wrote; “BTC managed to break above the 106.5K and reached the (108.5 – 109)K resistance range as previously discussed. 

At this point, BTC is showing signs of weakness in momentum. We are more inclined not to see a further rally today.”

BTCs mom. weakness was confirmed by price action yesterday as BTC failed to rally any further and slid slightly lower during the day. 

At this point BTC is still confined within a trading range. We continue to eye the 109k key level for BTC.

To open Live account click here 

Previous Post
Technical analysis of commodities
Next Post
Gold London session
Back

One Trading Account | 50+ Forex Pairs | 80+ Trading Instruments
Multi-Asset Trading Platforms

Open Live Account
Cookie Policy
This website uses cookies to ensure you get the best experience on our website. We use cookies for proper website navigation and function and for statistical and analytical purposes. You can select the cookie categories that you would like to manage through the Cookies Settings at any time. Please configure your Cookies Settings before proceeding. To learn more, please read our Cookies Policy
Settings
Reject
Accept all