๐ Monthly Candle Close Update โ BTC/USDT ๐
โก๏ธ Bitcoin has officially closed the May monthly candle at $103,889.78, printing a strong bullish recovery after dipping as low as $87,417.80 earlier in the month. Notably, it touched a high of $111,980.00, showing that bulls are still in control despite recent volatility.
๐ What to Expect in June: With Bitcoin holding above the psychological $100K level, the trend remains bullish. If buyers maintain momentum, we could retest the $111Kโ$115K resistance zone. A clean breakout may push BTC towards new all-time highs.
๐ However, a rejection could trigger a short-term pullback toward $90Kโ$95K, especially if macro or ETF news weighs on the market.
๐ฎ June Outlook:
Bullish Scenario: Break above $111K could ignite a rally to $120K+
Bearish Scenario: Loss of $100K could see retests of $95K and $90K
๐ Keep an eye on volume and daily closes. If bulls continue to dominate, June could be another leg up in this bull cycle.
๐ค Whatโs your game plan for June? Are we heading to $120K or back below $100K? Drop your thoughts ๐๐
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