Bitcoin on June 4, 2025: Consolidation Before Possible Breakout
As of the morning of June 4, BTC is trading around $105,470, demonstrating stability after a recent rise. Key resistance levels are in the $106,000–$106,500 range, where selling pressure has been observed previously.
🔍 Technical Analysis:
MACD (30m): bearish crossover
RSI (30m): neutral, around 51.7
Stochastic RSI (30m): in the oversold zone with signs of recovery
Bollinger Bands (30m): narrowing range, which may herald volatility
EMA (20/50 on 4H): $105,160–$105,940