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🚀 BTC/USD Technical Analysis – Possible push towards $112,790
🕒 30-minute chart | Date: June 10, 2025
🔹 Pivot Point: $108,710
✅ Main scenario: The bullish movement remains as long as $108,710 acts as support. The next targets would be at $111,990 and $112,790.
⚠️ Alternative scenario: If the price falls below $108,710, a correction towards $107,360 and $106,560 could be expected.
📊 Technical indicators:
RSI above 50 ➡️ Strengthening of bullish momentum.
MACD above its signal line ➡️ Confirmation of positive trend.
The price is trading above the 20 and 50-period moving averages ($109,271 and $109,451 respectively) ➡️ Sign of strength in the current trend.
📌 Key zones to watch:
Support: $108,710
Resistances: $111,990 and $112,790
📈 Conclusion: Bitcoin maintains a favorable technical structure to continue its ascent, as long as it holds support at $108,710. Traders could consider this level as a control point in the upcoming sessions.
#BTC/USDT. #TradingSecurity101
$BTC
🕒 30-minute chart | Date: June 10, 2025
🔹 Pivot Point: $108,710
✅ Main scenario: The bullish movement remains as long as $108,710 acts as support. The next targets would be at $111,990 and $112,790.
⚠️ Alternative scenario: If the price falls below $108,710, a correction towards $107,360 and $106,560 could be expected.
📊 Technical indicators:
RSI above 50 ➡️ Strengthening of bullish momentum.
MACD above its signal line ➡️ Confirmation of positive trend.
The price is trading above the 20 and 50-period moving averages ($109,271 and $109,451 respectively) ➡️ Sign of strength in the current trend.
📌 Key zones to watch:
Support: $108,710
Resistances: $111,990 and $112,790
📈 Conclusion: Bitcoin maintains a favorable technical structure to continue its ascent, as long as it holds support at $108,710. Traders could consider this level as a control point in the upcoming sessions.
#BTC/USDT. #TradingSecurity101
$BTC
#TradingSecurity101 #TradingTypes101
*Spot Market*: Buy/sell assets for immediate delivery at current market price.
*Margin Market*: Borrow funds to buy/sell assets, amplifying potential gains/losses.
*Futures Market*: Buy/sell contracts for assets at a predetermined price on a specific future date.
When building a strategy, consider your goals, risk tolerance, and choose markets accordingly. Manage risk with stop-losses, position limits, and stay informed about market trends.
*Spot Market*: Buy/sell assets for immediate delivery at current market price.
*Margin Market*: Borrow funds to buy/sell assets, amplifying potential gains/losses.
*Futures Market*: Buy/sell contracts for assets at a predetermined price on a specific future date.
When building a strategy, consider your goals, risk tolerance, and choose markets accordingly. Manage risk with stop-losses, position limits, and stay informed about market trends.
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