BTC fluctuates and encounters resistance at the pressure line, the downtrend continues as it breaks below 103000 or accelerates to test one hundred thousand
The big coin has not fallen further but has shown a fluctuating phenomenon here. In the evening, it rose again, but still could not break through the resistance line. Thus, the overall small-scale downtrend remains intact, and we continue to observe the downtrend.
Trend analysis:
In the short term, as long as it has not successfully stood above the pressure horizontal line in the chart, it remains in a downtrend. If it breaks below the previous low around 103000 again, it is likely to see an accelerated decline, and testing the one hundred thousand mark is very possible! Currently, the short-term resistance above is near the horizontal line position of 106800 in the chart!
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BTC analysis: June 4, 2025 daily chart
