Narrow range signals Bitcoin will breakout.Bitcoin / TetherUSBINANCE:BTCUSDTLaurenAleranderOn July 6, 2025, Bitcoin was trading at $108,162 with a market capitalization of $2.15 trillion. With a daily trading volume of $9.49 billion, the cryptocurrency fluctuates in a narrow intraday range between $107,876 and $108,252. The 4-hour Bitcoin chart shows a slightly wider view, showcasing sideways trading between $107,500 and $108,500 after a rebound from $105,130. Declining trading volumes suggest weakening market momentum, reinforcing the need for a breakout to confirm direction. Key technical levels remain in focus; a break above $108,500 could lead to a retest of $110,500 resistance. Conversely, a break below $107,000 per Bitcoin could pave the way for a pullback to $105,000. Oscillator data remain mostly neutral in this timeframe, while all short- to medium-term exponentials and simple moving averages suggest a persistent buying trend. If Bitcoin breaks above the $110,500 resistance level convincingly and is accompanied by strong trading volume, it will open the path for the continuation of the bullish move. The alignment of all major moving averages in the buy zone and positive momentum signals support the possibility of an extension to new highs. (But a break below $107,000, especially on increasing trading volume, could trigger a deeper correction to the $105,000 and $98,000 support levels. Despite bullish long-term indicators, weakening trading volume and neutral oscillators warn that bullish momentum may stagnate in the short term.)