📊 $BTC /USDT Price Prediction for Today (June 2, 2025)
🔹 Current Price: $104,735.21
🔹 24h High: $105,866.91
🔹 24h Low: $103,752.49
🔎 Key Observations:
BTC is trading below the 7-EMA ($105,716.03), indicating short-term weakness.
MACD shows a bearish crossover (-964.92), signaling bearish momentum.
RSI at 39.59 suggests the market is nearing the oversold zone; a potential short-term bounce is possible.
Decreasing volume hints at a consolidation phase rather than strong trend continuation.
📈 Price Prediction for Today:
BTC may range between $104,000 and $105,500.
Bullish scenario: If BTC breaks above $106,000, we could see a push towards $107,500.
Bearish scenario: If support at $103,500 breaks, BTC could dip to $102,000–$101,000 levels.
🛡️ Trade Strategy:
Aggressive Long: Entry near $104,500, targets at $106,000 and $107,000, stop-loss at $103,500.
Conservative Long: Wait for a confirmed break above $106,000 for momentum confirmation.
Shorts: Watch for rejection at $105,500–$106,000 for potential short setups with a target at $103,500.
⚠️ Risk Management:
Stay cautious—if BTC loses $103,500, further downside towards $101,000 is likely.
✅ Conclusion:
BTC is in a consolidation phase. Watch for a breakout above $106,000 for bullish momentum, or a breakdown below $103,500 for further bearish pressure.
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