📈 Bitcoin Bull Flag or Fakeout? | $BTC Technical Breakdown (June 2025)
The crypto market is heating up as $BTC consolidates within what looks like a textbook bull flag pattern after breaking above the key $68,000 resistance.
Here’s my full technical analysis:
🔹 Support Level: $66,800
🔹 Resistance Zone: $70,000–$71,200
🔹 RSI: Hovering at 64 – bullish but not overbought
🔹 MACD: Shows momentum building for a breakout
📊 Chart Overview (attach a screenshot of your chart):
Use Binance Futures or Spot chart, set to 4H timeframe, and highlight the flag channel.
🧠 What It Means:
If $BTC breaks and closes above $71,200, we may see a surge toward $75,000–$77,000.
But a breakdown below $66,800 could trigger a drop to $63,500 support.
This is a critical moment for swing traders!
🚀 My Strategy:
✅ Entry: Watching for a breakout candle on strong volume above $71,200
✅ SL: $66,000
✅ TP1: $75,000 | TP2: $77,000
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