Here are the latest recommendations and technical analyses for Bitcoin (BTC) for the current week (June 1–7, 2025), based on reliable sources:
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🔍 Market Overview
• Current price: around $104,600.
• Last week's performance: a decline of about 3%, with the price stabilizing near $106,000.
• Overall trend: bullish in the medium term, with mixed technical signals between positive momentum and overbought conditions.
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📊 Important Technical Levels
• Supports:
• $100,000: Strong psychological support.
• $92,000: Potential structural support.
• $76,000: Expected bottom in case of a rapid collapse.
Resistances:
• $107,857: Technical resistance.
• $108,987: A peak that requires strong momentum to break.
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📈 Expected Scenarios
• Positive Scenario:
• If the price breaks above $109,000 with a strong close, we may see a surge towards $116,000, supported by institutional momentum and market optimism.
• Negative Scenario:
• If selling pressures continue without breaking the recent peak, a gradual decline towards $100,000 may occur, and if this level is lost, we could reach $92,000 and then $84,000.
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✅ Recommendations
• For speculators:
• Wait for a break above $108,987 before buying.
• Short selling is only suitable if it breaks $106,500, with targets at $100,000 > $92,000 > $84,000.
• For medium-term investors:
• Strengthening buying positions below $2,300 — $2,150, with an average target between $2,950 — $3,117.
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⚠️ Warnings
• RSI indicators indicate overbought conditions, which may signal an upcoming correction.
• Profit-taking activity has reached its highest level in three months, increasing the likelihood of selling pressure.
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📅 Weekend Forecast
• Forecasts indicate that the price of Bitcoin may reach $101,017 by the end of the week, with the potential to rise to $121,212 by the end of the month, depending on market developments.
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Note: These recommendations are a technical analysis and do not constitute investment advice. It is always advisable to conduct independent research and consult a financial advisor before making investment decisions.$BTC