#BTC rating $97,000.00, we made a great closing and the Asian Bulls are in the lead now.
Tomorrow will be an interesting day, choose your sides! 🚀💛✊🏻
--
Bullish
Ualifi Araújo
--
Bullish
Analysis $BTC 06/05/2025
#BTC , unfortunately we couldn't stay in the blue range around $98K, and a retest at $95K showed that the big bulls still prefer the green range rather than risking a bit higher before Powell speaks.
This week is quite important, both for what we will have regarding interest rates and also because we will likely establish the new support level, which we will use to target $98K and then $105K.
We are seeing a good demonstration of strength today with Bitcoin recovering $95K, a daily close here would help us a lot to keep prices tomorrow within the green range (IF POWELL fails once again).
I know you must be thinking: "Okay, Ualifi, tomorrow we have Powell and I feel you cautiously OPTIMISTIC!" and then I would tell you: YES!
I don't necessarily think Powell will cut interest rates, but I think the whales will get directly involved in the game if the price drops to the green range because of Powell's statements and we should have support.
In my opinion, the market bottom was last month and there's no more time for another trip down there (MY THOUGHT).
Once again we are seeing GOLD trying to hold at the top, but the top is already in for it, it's time to cool off and let BTC do the work.
$105k
I am extremely optimistic about Altcoins!
#BTC , unfortunately we couldn't stay in the blue range around $98K, and a retest at $95K showed that the big bulls still prefer the green range rather than risking a bit higher before Powell speaks.
This week is quite important, both for what we will have regarding interest rates and also because we will likely establish the new support level, which we will use to target $98K and then $105K.
We are seeing a good demonstration of strength today with Bitcoin recovering $95K, a daily close here would help us a lot to keep prices tomorrow within the green range (IF POWELL fails once again).
I know you must be thinking: "Okay, Ualifi, tomorrow we have Powell and I feel you cautiously OPTIMISTIC!" and then I would tell you: YES!
I don't necessarily think Powell will cut interest rates, but I think the whales will get directly involved in the game if the price drops to the green range because of Powell's statements and we should have support.
In my opinion, the market bottom was last month and there's no more time for another trip down there (MY THOUGHT).
Once again we are seeing GOLD trying to hold at the top, but the top is already in for it, it's time to cool off and let BTC do the work.
$105k
I am extremely optimistic about Altcoins!
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
BTC
103,836.88
+0.18%
