BTC/USDT analysis for June 9, 2025, using Fibonacci retracement, Moving Averages, and Wyckoff structure, across 1D and 4H charts:
---
📐 1. Fibonacci Retracement (1D Chart)
Swing High: ~$111,924
Swing Low: ~$103,000
Key Levels:
0.236 (~$105,770): BTC is currently hovering just above this level, indicating minor resistance .
0.382 (~$107,500): The next major resistance. Holding above it would strengthen bullish sentiment.
0.618 (~$109,700): A decisive break above this would confirm resumed bullish trend.
➡️ Insight: Price has stabilized just above 0.236 after downtrend; reclaiming 0.382 is crucial for upside momentum.
---
📊 2. Moving Averages (MA)
1D Timeframe:
50-Day MA (~$103,800): Providing immediate support.
200-Day MA (~$95,000): Long-term trend still intact.
Golden Cross: Long held bullish signal remains valid.
4H Timeframe:
20 EMA: Price is attempting to stay above it—showing mild bullish bias.
50 EMA: Flattened out—indicates short-term equilibrium. A breakout above ~$106,000 would signal renewed strength.
---
🧱 3. Wyckoff Method – Phase D Accumulation
Spring (shakeout): Completed near $103,000.
Last Point of Support (LPS): Forming around current price.
Sign of Strength (SOS): Would confirm if BTC not only breaks above ~$106,000 but also sustains that level on strong volume.
Volume Trend: As BTC retests ~$105–106K, volume has held steady—suggesting buying interest and absorption of lower sell-side pressure .
---
⚠️ 4. Short-Term Risk Outlook
A 4H rising wedge breakdown signals possible short-term pullback risks . Watch $105,000–105,500 as critical support. Below this could risk a retest of $103,000.
---
✅ 5. Strategic Summary
Holders:
Stay the course — still bullish if BTC maintains above support zones.
A breakout above ~$106K would re-ignite the rally toward $109K–110K.
Buyers:
Entry Zone: $104,000 – $105,500
Breakout Entry: Above $106,000 (with conviction)
Targets: $107,500 → then $109,700
Stops: Consider placing below $103,000 to protect capital
---
📌 Final Take
BTC is back in Phase D accumulation, supported by technical structure and volume context.
Momentum depends on defending above $105–106K and reclaiming key bullish zones.
Monitor the $106K resistance closely—this level determines whether we resume the bullish trend or slide into deeper consolidation.
