📊 Technical Analysis BTC/USD – Upside Opportunity towards $112,100
🕒 30 min Chart | Wednesday, June 11, 2025
🔹 Pivot Point: $108,620
✅ Main scenario: If it stays above $108,620, the next targets are at $111,290 and $112,100.
⚠️ Alternative scenario: If it falls below $108,620, the supports are located at $107,270 and $106,470.
📈 Key Indicators:
RSI above 50 ➡️ Active bullish bias.
MACD positive but below zero ➡️ Mixed technical signal; further confirmation is needed for greater momentum.
The price is trading above its 20 and 50 period moving averages ($109,508 and $109,496) ➡️ Increasing technical support.
🧠 Technical Comment:
Although the MACD has not yet crossed into positive territory, the overall setup remains favorable as long as the support at $108,620 holds firm. If it breaks key resistances, we could see a move towards the $112K area.
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Do you want a summarized version for a tweet or reel? Here it goes:
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🚀 #Bitcoin (BTC/USD) on the rise
📈 Target: $112,100
🔹 Key Support: $108,620
✅ Positive RSI
⚠️ MACD still needs to confirm
🎯 Price above moving averages (20/50)
