MMH_001
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#BTC $BTC
analyse
June 1, 2025
📈 Market Overview
• Current Price: $104,725
• 24h Change: -0.07%
• 24h Range: $103,935 – $104,902
• Market Cap: ~$2.08 trillion
• Recent High: $111,000 (May 22)
• 24h Volume: ~$40.78 billion
Bitcoin is consolidating below the $105K–$106K resistance zone, following a 7% pullback from its May highs. The price is testing support near $103,145, aligning with the 0.236 Fibonacci retracement level.
🔍 Technical Indicators
• RSI (14): ~57 (neutral)
• MACD: Bearish crossover observed on the 4-hour chart, indicating potential short-term downside.
• Stochastic Oscillator: Overbought conditions noted.
The RSI suggests neutral momentum, while the MACD indicates caution due to a recent bearish crossover.
📊 Key Levels
• Immediate Resistance: $106,000
• Major Resistance: $110,000 – $111,000
• Immediate Support: $103,000
• Major Support: $100,000
A sustained move above $106,000 could signal a recovery, while a drop below $103,000 might lead to a test of the $100,000 support level.
🔮 Predicted Daily Range
• High: $106,000
• Low: $103,000
Given current market conditions and technical indicators, Bitcoin is expected to trade within this range in the near term.
✅ Conclusion
Bitcoin is currently in a consolidation phase after reaching new highs earlier this month. The market has experienced significant volatility, with technical indicators suggesting caution. Traders should monitor key support and resistance levels closely, as movements beyond these thresholds could indicate the next significant price direction.
$BTC
#CEXvsDEX101 #CEXvsDEX101 #TradingTypes101
analyse
June 1, 2025
📈 Market Overview
• Current Price: $104,725
• 24h Change: -0.07%
• 24h Range: $103,935 – $104,902
• Market Cap: ~$2.08 trillion
• Recent High: $111,000 (May 22)
• 24h Volume: ~$40.78 billion
Bitcoin is consolidating below the $105K–$106K resistance zone, following a 7% pullback from its May highs. The price is testing support near $103,145, aligning with the 0.236 Fibonacci retracement level.
🔍 Technical Indicators
• RSI (14): ~57 (neutral)
• MACD: Bearish crossover observed on the 4-hour chart, indicating potential short-term downside.
• Stochastic Oscillator: Overbought conditions noted.
The RSI suggests neutral momentum, while the MACD indicates caution due to a recent bearish crossover.
📊 Key Levels
• Immediate Resistance: $106,000
• Major Resistance: $110,000 – $111,000
• Immediate Support: $103,000
• Major Support: $100,000
A sustained move above $106,000 could signal a recovery, while a drop below $103,000 might lead to a test of the $100,000 support level.
🔮 Predicted Daily Range
• High: $106,000
• Low: $103,000
Given current market conditions and technical indicators, Bitcoin is expected to trade within this range in the near term.
✅ Conclusion
Bitcoin is currently in a consolidation phase after reaching new highs earlier this month. The market has experienced significant volatility, with technical indicators suggesting caution. Traders should monitor key support and resistance levels closely, as movements beyond these thresholds could indicate the next significant price direction.
$BTC
#CEXvsDEX101 #CEXvsDEX101 #TradingTypes101
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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