📊 What Does the Chart Say?
According to the technical chart analysis, Bitcoin (BTC/USDT) is currently sitting on a strong support zone near the Fibonacci 0.5–0.618 retracement levels, setting the stage for a potential major bullish rally.
📍 Projected Target:
📈 $116,000
🕒 Timeframe: Next few weeks (June–July)
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🧠 Key Technical Highlights:
✅ Bullish Market Structure: Higher highs and higher lows indicate a continuation of the uptrend.
✅ Support Zone Holding: BTC is bouncing from a key demand area — a zone where institutional buyers often enter.
✅ Volume Picking Up: Increasing volume near support hints at a possible strong upward move.
✅ Curved Projection Path: The projected arc on the chart shows a steady rise, potentially accelerating mid-June onward.
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📌 Suggested Futures Trading Strategy:
🔹 Entry Zone:
📉 $105,000 – $105300
🔹 Target:
💸 $116,000 (short-term target)
🎯 $120,000+ (extended target)
🔹 Stop Loss:
📉 Below $104,500 (structure break confirmation)
🔹 Leverage Suggestion:
⚠️ Use 5x–10x leverage (Higher leverage = higher risk, trade responsibly!)
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🔥 Why Enter Now?
🕊️ “Calm before the storm” — The market is quiet, but momentum is building.
🐳 Smart Money Zone: While most retail traders are fearful or waiting, institutions may be quietly buying the dip.
🌍 Macro + On-Chain Support: Broader data trends align with bullish momentum.
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📢 Final Thoughts
This is the true “Buy the Dip” opportunity smart traders wait for.
The path from $98K to $116K could be not just a price journey, but a profit surge for Futures traders.