{"content":"Bitcoin Rejected at $110K — Bulls Face Fresh Resistance Bitcoin fell again from $110,000. BTC is falling and may go below $107,500. Bitcoin fell again from $110,000. The price is below $108,500 and the 100-hour SMA. BTC/USD broke below a positive trend line with support around $108,200 on the hourly chart. If it remains over $106,500, the pair may rise again. Bitcoin Drops Again Bitcoin price surged after breaking $108,500 barrier. It crossed numerous obstacles around $109,000 to start a good climb, but not $110,000. After hitting $109,700, the price fell. Prices fell below $109,200 and $108,500. Additionally, the hourly BTC/USD chart broke below a crucial bullish trend line with support around $108,200. Bitcoin has fallen below $108,500 and the 100-hour SMA. Resistance at $108,150 is imminent on the upside. The 23.6% Fib retracement level of the decline from the $109,700 swing high to the $107,674 low is near. The first important barrier is $108,500, the 50% Fib retracement level of the decline from $109,700 swing high to $107,674 low. A closing above $108,500 barrier might boost prices. If the price rises, it may challenge $110,000 resistance. More advances might push the price beyond $112,000. The primary goal may be $115,000. More BTC losses? Bitcoin may fall again if it fails to break $108,500. Near $107,500 is immediate help. Near $106,500 is the first substantial sponsorship. Around $105,500 is the next support. More losses might push the price toward $104,200. BTC may go below $103,500, the primary support. The technical indications Hourly MACD - The negative zone is strengthening. Relative Strength Index hourly BTC/USD RSI is below 50. Major Support Levels: $107,500, $106,500. Major resistance: $108,500 and $106,500. #TrumpTariffs #BTCWhaleMovement #OneBigBeautifulBill #TrumpVsMusk $BTC ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025072025/07/08/f0f91f0257414aaa9eed13fdbe03fe54.png"],"tags":[],"tradingPairs":["BTC/USDT"],"quotearticleid":0}