📍 Bitcoin (BTC) 🚨
Quiet strength before the breakout?
📅 June 1, 2025
Current Price: $105,000
24h Change: +0.61%
Daily Range: $103,935 – $105,219
Key Support: $104,000
Next Resistance: $107,000
Bitcoin starts the month with quiet momentum. After bouncing off the $104K level, BTC is showing signs of resilience while volume remains moderate. On the 4-hour chart, moving averages are beginning to align bullishly, and whale wallet accumulation has increased 6% over the past week, according to Glassnode.
If BTC holds above $105,000 and closes above $105,500 today, we could see a test of $107,000 in the coming sessions. Beyond that, $110,000 becomes a psychological target. The RSI is stable around 58, and the market sentiment has shifted from neutral to cautiously bullish.
This looks like the textbook setup for a slow climb that turns into a sharp run. Smart traders are preparing quietly.
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