đ Technical Analysis BTC/USDT â 1D View with Macro Narrative
đ° Current price: $104,286
đ Daily variation: -0.33%
đ Recent high: $111,980
đ Visual support: $102,000
đ Technical View (1D + Weekly)
đ Golden Cross on the weekly (short-term average crossing above the long-term average)
âĄïž Classic signal of continuation of upward trends in previous cycles.
đ Cup and Handle pattern forming on the daily
âĄïž Breakout zone between $113Kâ$115K
đ Upward trend maintained
âĄïž Structure with higher lows and highs since the $74K
đ RSI(6): 37.30
âĄïž Region close to oversold, good for accumulation via DCA
đŁ Important EMAs:
EMA(7): $105,603
EMA(25): $104,438
EMA(99): $96,215
âĄïž The price is between EMA(25) and EMA(99), suggesting a consolidation phase with still firm support.
đ Volume declining
âĄïž Indicates lack of selling strength. Could be a zone of silent accumulation.
đ§ Strategic Comment
Many are calling it a "top", but this has happened before â and they were liquidated.
Bearish divergence on the weekly appeared, but it has failed before in the $80K region.
Those who sold early ended up exiting before the real movement.
Long-term holders and large wallets are not moving.
Small institutional withdrawals reflect only short-term caution, not a reversal.
đź Expectations and Technical Targets
đŻ TP1: $113K â $115K (breakout of the handle)
đŻ TP2: $120K (macro target)
đŻ TP3: $138K+ (euphoria phase if the CPI helps)
đ External Factors to Watch:
đ 04/06 â Jerome Powell's speech
đ 11/06 â CPI release (high relevance for the market)
â Final Summary:
Upward trend still intact.
We are seeing a typical manipulation moment to shake out weak hands before a new leg up.
Patience should be greater than fear.
â ïž Disclaimer:
This analysis is educational and based on technical data. It is not a recommendation to buy or sell. Do your own research and use appropriate risk management.