$BTC

📊 Bitcoin (BTC) Technical Overview – June 1, 2025

Current Price: $104,447

24h Range: $103,394 – $104,902

Trend: Bullish continuation following recent all-time highs

Key Support Zones: $85,000 – $92,000

Resistance Levels: $110,000, $115,000, $126,000

🛒 Buy Zone

Primary Entry: $85,000 – $92,000

Strong institutional buying interest observed in this range

Alternative Entry: $95,000 – $97,500

Suitable for short-term trades within the current consolidation phase

🎯 Target Levels

1. Short-Term Target: $110,000

Recent all-time high; potential for retest

2. Mid-Term Target: $115,000

Next resistance level based on technical analysis

3. Long-Term Target: $126,000

Analysts predict potential peak in summer 2025

🛑 Stop-Loss Recommendations

Conservative Stop-Loss: $80,000

Below key support levels to minimize potential losses

Aggressive Stop-Loss: $77,000

Accounts for potential volatility and deeper corrections

📈 Technical Indicators

RSI (14): 42.66 – Neutral

MACD: Neutral

Stochastic RSI: 7.86 – Indicates potential buying opportunity

SMA (50): $93,011.23 – Sell signal

EMA (50): $75,108 – Buy signal

🧠 Trading Insights

Market Sentiment: Bullish, with strong institutional interest

Volatility: High; traders should employ strict risk management

Strategy: Consider dollar-cost averaging (DCA) to mitigate entry timing risks

Note: This analysis is based on current market data and technical indicators. Always conduct your own research and consider your risk tolerance before making trading decisions.

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