As of July 9, 2025, BTC/USD (Bitcoin/US Dollar) has clearly broken through the 108,970 USD level on the 15-minute chart, which was previously considered a psychological and technical resistance zone. This signals a potential short-term trend reversal and has attracted market attention.
In this article, we evaluate the current market structure and forecast potential directions using multiple indicators based on technical analysis, including moving averages (MA), MACD, ADX, and volume. Analysis on the 15-minute chart provides crucial insight for day traders and scalpers.
The chart shows that price is currently trading above both the short-term blue moving average (likely the 20 EMA) and the long-term red moving average (200 SMA). This confirms a bullish bias, supported by the upward slopes of the moving averages. For more details, see moving average explanations.
Notably, the short-term EMA is approaching the longer-term SMA, suggesting a potential golden cross scenario. If this crossover occurs, it could act as a strong technical trigger for further buy entries.
The lower MACD panel shows the yellow MACD line crossing above the red signal line, indicating a potential shift into an upward trend. Additionally, the histogram is gradually transitioning from negative to positive territory, suggesting increasing buying momentum.
This behavior in the MACD suggests the market is entering an early phase of a technically supported rally rather than just a short-term spike. Traders should also monitor whether the histogram continues expanding as confirmation of momentum strength.
ADX, a key trend strength indicator, currently sits between 20 and 25, indicating that while a trend may be forming, it is not yet firmly established. However, the +DI (green) is clearly above the −DI, confirming bullish directional momentum.
When ADX surpasses 30, it typically signals a solid trend. Therefore, watching ADX for further increases is essential in confirming the sustainability of the uptrend. Traders should monitor changes in ADX in conjunction with momentum indicators.
One of the most notable developments is the sharp increase in volume that occurred immediately after breaking the 108,970 USD resistance line. This confirms the breakout as a high-confidence buy signal.
In short-term trading, such “confirmed breakouts” — where both price and volume rise together — often provide strong entry opportunities. Conversely, breakouts without volume support can turn into “fakeouts,” so caution is warranted.
| Level | Price | Significance / Rationale |
|---|---|---|
| Short-Term Resistance | 109,200 USD | Recent high zone, profit-taking level post-breakout |
| Next Target | 109,400 USD | Round number, psychological threshold |
| Short-Term Support | 108,800 USD | Former resistance turned support |
| Medium-Term Support | 108,400 USD | Near 200 SMA, high-volume consolidation zone |
BTC/USD has broken an important resistance on the 15-minute chart, strengthening the possibility of a trend reversal toward the upside. Moving averages are acting as solid support, and both MACD and volume reinforce the bullish signal.
Key areas to watch include whether BTC/USD can sustain above 109,200 USD and target 109,400 USD. However, if the price dips below 108,800 USD, a temporary correction could follow. For short-term traders, buying on pullbacks in the 108,800–108,400 range may offer strategic entry points.
Moreover, combining multiple technical analysis indicators — rather than relying on a single signal — is vital for crafting more accurate and reliable trading strategies.
Disclaimer: This article is intended for informational purposes only and does not constitute investment advice. Please conduct your own research before making any investment decisions.
This article is intended for informational purposes only and does not constitute financial or investment advice. The analyses and strategies mentioned are based on past data and current market conditions, and may be subject to change in the future. When making investment decisions, always conduct your own research and consult a professional if necessary.
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