📈 Technical Analysis BTC/USDT – 1D View with Macro Narrative
💰 Current price: $104,286
📉 Daily variation: -0.33%
📍 Recent high: $111,980
📉 Visual support: $102,000
🔍 Technical View (1D + Weekly)
📊 Golden Cross on the weekly (short-term average crossing above the long-term average)
➡️ Classic signal of continuation of upward trends in previous cycles.
📈 Cup and Handle pattern forming on the daily
➡️ Breakout zone between $113K–$115K
🔄 Upward trend maintained
➡️ Structure with higher lows and highs since the $74K
📉 RSI(6): 37.30
➡️ Region close to oversold, good for accumulation via DCA
🟣 Important EMAs:
EMA(7): $105,603
EMA(25): $104,438
EMA(99): $96,215
➡️ The price is between EMA(25) and EMA(99), suggesting a consolidation phase with still firm support.
📉 Volume declining
➡️ Indicates lack of selling strength. Could be a zone of silent accumulation.
🧠 Strategic Comment
Many are calling it a "top", but this has happened before — and they were liquidated.
Bearish divergence on the weekly appeared, but it has failed before in the $80K region.
Those who sold early ended up exiting before the real movement.
Long-term holders and large wallets are not moving.
Small institutional withdrawals reflect only short-term caution, not a reversal.
🔮 Expectations and Technical Targets
🎯 TP1: $113K – $115K (breakout of the handle)
🎯 TP2: $120K (macro target)
🎯 TP3: $138K+ (euphoria phase if the CPI helps)
📆 External Factors to Watch:
📌 04/06 – Jerome Powell's speech
📌 11/06 – CPI release (high relevance for the market)
✅ Final Summary:
Upward trend still intact.
We are seeing a typical manipulation moment to shake out weak hands before a new leg up.
Patience should be greater than fear.
⚠️ Disclaimer:
This analysis is educational and based on technical data. It is not a recommendation to buy or sell. Do your own research and use appropriate risk management.