#Bitcoin (BTC/USD) - Detailed Chart Study: June 07, 2025
This detailed study analyzes the current market dynamics of Bitcoin against the US Dollar, utilizing multiple timeframes to provide a comprehensive outlook on potential future price movements. The analysis is based on data from June 07, 2025.
I. Current Market Context & Timeframe Analysis
* Analysis Date: June 07, 2025
* Current Price: Approximately $104,800
* Analysis Timeframes Used: Daily, 4-Hour, and 1-Hour
* Execution Timeframes: 5-Minute and 1-Minute
* Overall Trend (Daily): The prevailing trend on the Daily timeframe is identified as UP.
* Intermediate Trend (4-Hour): The 4-Hour trend is also UP, with the current price action indicating consolidation.
* Short-Term Trend (1-Hour): The 1-Hour trend is likewise UP, also showing consolidation.
II. Detailed Price Action Assessment
Bitcoin is currently consolidating within a defined range, specifically interacting with a weekly Supply Zone (SZ) and various Demand Zones (DZ) below it.
* Interaction with Weekly Supply Zone (SZ): The price is actively "playing" within the weekly Supply Zone, which spans approximately from $108,663 to $109,042. There is an observed attempt by the price to "hold" within this weekly Supply Zone.
* Buying Side Structure Formation: Notably, a "buying side structure" is forming within this weekly Supply Zone, suggesting underlying bullish intent and potential absorption of selling pressure.
* Recent Order Fulfillment & Breakout: Price recently filled pending orders from a previous 4-Hour Demand Zone and subsequently broke through a 4-Hour Supply Zone.
* Moving Average Support: Bitcoin has found support from both the 50-Moving Average (MA) and the 8-Exponential Moving Average (EMA), indicating a recent upward movement.
* Key Demand Zones Identified:
* A Demand Zone (D-DZ) is present around $101,000 to $102,000.
* A 4-Hour Demand Zone (4-HR-DZ) is identified near $98,600 to $99,100.
* Further strong confluence of 4-Hour Demand Zones co-inciding with Daily Demand Zones are found in the ranges of $94,650-$96,850 and $93,650-$94,650.
* Pending Orders: Significant pending orders are noted in the ranges of $99,444-$98,600 and $97,133-$95,790 to $94,740-$93,300.
III. Potential Future Price Movements
Based on the current technical setup, two primary scenarios emerge, along with the possibility of continued consolidation:
1. Retracement/Pullback: The price may experience a pullback, potentially moving down to the $97,260 - $94,870 range to fill the aforementioned pending orders. This scenario would imply that the weekly Supply Zone successfully acts as resistance.
2. New All-Time High (ATH): Alternatively, if the underlying buying pressure continues to intensify and successfully overcomes the weekly Supply Zone, Bitcoin could break higher and achieve a new all-time high. This would be confirmed by a decisive break and close above the $109,042 level on higher timeframes.
3. Continued Consolidation: Price might continue to consolidate within the current range as buyers and sellers battle for dominance within the weekly Supply Zone.
IV. Recommended Trading Strategy & Rules
The analysis emphasizes a disciplined, rules-based approach to trading:
* Zone-Based Trading: Strictly limit buying to identified Demand Zones and selling to identified Supply Zones.
* Confirmation is Key: Always wait for strong confirmation signals and a proper setup before initiating any trade.
* Strict Stop Loss (SL): Implement and adhere rigorously to stop-loss orders to manage and limit potential losses.
* Risk Management: Ensure a favorable Risk:Reward (R:R) ratio, with a minimum of 1:2, to maintain profitability over time.
#MarketPullback