🔍 Long-term Technical Analysis of Bitcoin (BTC) - June 2025
✅ 1. General Trend:
The trend has been strongly upward since the beginning of 2024.
Bitcoin recorded new historical peaks during the first quarter of 2025.
With the price surpassing $100,000, we entered a price expansion phase driven by waves of institutions and individual investors.
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📊 2. Key Support and Resistance:
Level Type Description
92,000 - 95,000 Major Support Strong bounce area and clear buying waves
100,000 Psychological and Technical Support Turned from resistance to support after the break
110,000 - 120,000 Near Resistance An area that may face some correction or profit-taking
135,000 - 150,000 Expected Historical Resistance Potential targets if the upward momentum continues
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📈 3. Technical Indicators (on the weekly frame):
RSI: Near the overbought area (above 70) → indicates that the price may need a short-term correction, but not necessarily a reversal.
MACD: Positive crossover for months, still rising → supports the continuation of the upward trend.
Moving Averages (MA50/MA200): Price is above both → confirmation of the upward trend.
