#Write2Earn #btc
Current Situation
• BTC Price: approximately $105,600, with a slight increase from levels of $104,000 recorded at the end of May.
• Key Resistance: $106,000–$106,500.
• MACD: signals potential bullish breakout.
🧭 Trading Strategy for Today
✅ Bullish Scenario (long-term):
• Entry: upon breaking and closing above $106,000.
• Target: $110,000–$112,000.
• Stop-loss: $100,000.
⚠️ Bearish Scenario (short-term):
• Entry: upon rejection at the $106,000 level and breaking below $104,000.
• Target: $100,000, with potential drop to $95,000.
• Stop-loss: $106,000.
🔍 Additional Factors to Monitor
• Trading Volume: increasing volume confirms the strength of the movement.
• Wallet Activity Level: over 1.2 million active addresses on June 2 indicate heightened investor interest.
• Financial News: institutional purchases of BTC, such as the acquisition of 705 BTC for $75 million, may impact the market.
• Short-term Traders: closely monitor the $106,000 level; breaking this level may signal further growth.
• Long-term Investors: consider gradual entry on pullbacks to $103,000–$104,000, given the overall bullish trend.