Bitcoin closed June 2025 at a record monthly high of $107,100, despite a spinning top candlestick pattern that indicates market indecision. Analysts from 10X Research suggest that Bitcoin may be poised for a 9% rally in July. The cryptocurrency's previous monthly highs were around $104,600 in May and $102,450 in January. After recovering from an April dip to $75,000, Bitcoin has demonstrated strong performance in recent months with three consecutive green candles. Historical analysis indicates a favorable trend for July, with positive returns in seven of the past ten years and an average gain of approximately 9%. Though Bitcoin dipped 2% to just below $107,000 recently, it has remained stable after reaching its record close. Analysts note that reclaiming weekly resistance levels will be crucial for sustaining upward momentum, as the most critical weekly resistance sits at $108,890.

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