Key Price Levels to Watch for Bitcoin in the Coming Days

Bitcoin's price is rising, yet investors remain cautious amidst this positive trend. What are the key levels to monitor in order to anticipate Bitcoin's next move ?

Written by Charles Ledoux

Translated on July 3, 2025 at 12:06 by Marie

Cryptocurrency concept with gold Bitcoin emblem.

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Bitcoin Heading Towards New Highs : Crucial Levels to Break

Recent market developments show an increase in the Bitcoin price, with a bullish trend reaching $109,720. Despite this positive momentum, investors are showing more caution according to K33 Research, adopting a defensive posture towards Bitcoin.

The latest fundamental news has been favorable for Bitcoin in recent days :

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The Trump Administration is considering flooding the market with short-term Treasury bonds; a measure favorable to the economy, putting upward pressure on inflation and making Bitcoin more attractive than the US dollar.

Despite these promising developments, investors are adopting a cautious attitude, likely influenced by the significant price increases in previous weeks. Generally, during such periods, certain market segments seek to secure their profits.

CME bitcoin OI chart — Source: Checkonchain

K33 Research bases this observation on the CME Bitcoin Futures Premium, which fell to 6.5% on Monday, its lowest level in 8 days. A decline in the premium means investors are less willing to pay to hold futures contracts, indicating lower confidence in price increases.

This is remarkable because there are currently enough positive fundamental factors to support Bitcoin. A price explosion could occur if these investors suddenly become overwhelmed by FOMO and rush into the market.

Waiting for a Clear Breakout for BTC

Many traders may be waiting for definitive confirmation of the breakout. Currently, Bitcoin is trading outside its closed price range between $105,000 and $108,800, currently at $109,300.

$BTC

Previous bottom buyers are scaling out in this upper region with Open interest increasing.

I most definitely wouldn't want to be long here. Wait for exhaustion & then trigger. pic.twitter.com/WGP9hgtXM3
— Killa (@KillaXBT) July 2, 2025

But as trader Killa indicates, investors who bought the April bottom are taking profits. This is demonstrated by the sell wall observable on Coinglass. More than 528 BTC are placed for sale on Binance at $110,000. Traders are surely waiting to see if BTC can absorb these sales or not.

Nevertheless, Bitcoin is currently managing to stay above the support at $108,800 and could well display a new ATH today. However, the rise could be slower than expected with these sell walls up to $113,000.

#btc Target $130k pic.twitter.com/i2HKTSIsrz
— George (@George1Trader) July 1, 2025

According to the STH MVRV, the next targets are at $116,000 and $123,000 for Bitcoin. According to trader George, BTC could even target $130,000 in the coming weeks.

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Charles Ledoux

Charles Ledoux is a Bitcoin and blockchain technology specialist. A graduate of the Crypto Academy, he has been a Bitcoin miner for over a year. He has written numerous masterclasses to educate newcomers to the industry and has authored over 2,000 articles on cryptocurrency. Now, he aims to share his passion for crypto through his articles for InvestX.

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