🔍 In-depth technical analysis of Bitcoin (BTC)
Analysis Date: June 18, 2025
1️⃣ General Trend
Long-term trend: Clearly Upward.
Trading above the 50 and 200-week moving averages.
A Golden Cross pattern appeared in April, reinforcing the continuation of the upward trend.
2️⃣ Support and Resistance
Current Resistances:
108,000 dollars
112,000 dollars (Historical Peak)
Strong Supports:
104,000 dollars (50-day Average)
100,000 dollars (Psychological and Technical Support)
88,000 – 90,000 dollars (Fibonacci Correction 23.6%)
3️⃣ Technical Indicators
RSI (Relative Strength Index):
Daily: Between 60 – 63 (Neutral Tending Upwards)
Weekly: ~65 (Healthy Trend)
MACD:
Slightly Negative Daily Crossover
Still above the zero line, indicating an overall upward trend
ADX (Directional Strength Index):
At ~31.7 → Indicates a strong trend, but the time bias is weak
4️⃣ Chart Shape
On the weekly frame: A 'Cup with Handle' pattern is completed, supporting the targeting of new peaks.
On the daily frame: Bitcoin is in a small descending channel within a sideways range between 104k – 108k.
5️⃣ Possible Scenarios
✳️ Positive Scenario:
Breaking 108k then 112k with a daily close → Targeting 125,000 then 137,000 dollars.
❌ Negative Scenario:
Breaking 104k then 100k → Entering a correction towards 88–90k, and possibly 78–80k if selling pressure increases.
⚖️ Comparison with Other Currencies
Currency Price RSI MACD Trend Notes
BTC 105,279 $ 60–65 Partially Positive Upward Near Historical Peak, Limited Correction
ETH 2,532 $ ~55 Slightly Negative Neutral Tending Upwards Waiting for Catalysts – Slow Performance
SOL 148 $ ~59 Clearly Positive Strongly Upward Best Momentum Recently
🧭 Recommendations and Strategies
✅ Bitcoin (BTC):
For speculation: Buy at 104–100k with a stop loss below 99k, and target 108–112k.
For investment: Hold as long as the price is above 100k.
✅ Ethereum (ETH):
Watch for a breakout at 2,600$ to confirm the continuation of the rise.
Suitable for entry after confirming momentum from MACD and RSI.
✅ Solana (SOL):
Excellent for short trades.
Watch the area 145–146$ as a corrective buying opportunity.
📌 Final Note
> Bitcoin is going through a 'calm before the decision' phase, meaning a price explosion may be near, whether upward or downward. Continuous monitoring of support and resistance levels is required.
This is not financial advice
