📌$BTC Today: $105K, Neutral Greed &🐂Bullish Signs—Is a Breakout on the Horizon?

As of June 8, 2025, Bitcoin is hovering around $105.5K —up ~0.3% intraday. Market behavior is tipping bullish:

Sentiment

👺Fear & Greed Index ~55 (Neutral) 👉 market is confident but not overheated.

Crypto sentiment score ~77 🐂(Bullish) with over half of Twitter sentiment positive.

Technicals

💎Intraday range: $105.1K– $105.9K

💎Resistance to break: near $105.9K–106K

💎Support zones: pivot ~$105.07K; lower supports $104.8K–$104.6K

💎Oscillators: RSI ~53 (bullish bias), MACD positive, stochastic stark but nearing overbought;

🎯 What Traders Should Watch

📌Bullish breakout setup: A surge above \$105.9K on volume and bullish TA confluence (e.g., EMA 20/50 crossover) could confirm a short-term upward move.

📌Consolidation scenario: Price stalls between $105.9K and pivot—ideal range for range-trading scalpers.

📌Bear trap warning: A dip below \$104.6K invalidates bullish bias—apply tight stop-losses.

🧩 Strategy for Binance Traders:

1. Entry: Set a buy stop slightly above $105.9K + volume confirmation.

2. Stop-Loss: Place under the daily pivot (~$105.07K) or below $104.8K.

3. Take-Profit: Aim near next psychological resistance— $106.5K– $107K.

4. Risk Management:

Use OCO orders to automatically adjust.

Cross-check with LuxAlgo/TrendSpider bullish signals.

Monitor Binance order-book heatmaps for whale flow.

🔁 Confluence Check: Target setups with sentiment (greed index trending up), TA alignment (MACD, EMA crosses), and social momentum.

How are you trading this $105K setup—range‑trading, breakout, or waiting on sidelines? Share your chart snapshots or strategy!👇