$BTC BTC/USDT Daily Technical Analysis & Trade Plan June 4,2025
$BTC Current price: $105,639.98, ⬆️ +0.09%
🔍 Key Observations
1. 📈 Price & Trend:
Trading below EMA(7) = $105,791.32 🔻 but above EMA(25) = $104,700.87 and EMA(99) = $96,613.60 ✅
24h Range: $104,872.50 (Low) → $106,794.67 (High)
📍 Current price near mid-range – indicates indecision.
2. 📊 Momentum Indicators:
RSI(6): 46.06 → ⚪ Neutral with slight bearish bias.
MACD:
Histogram: -817.55 (bearish)
DIF (1,441.78) < DEA (2,259.33) → 📉 Bearish momentum active.
3. 📉 Volume:
Current vol: $92.91K ❗ < 24h avg: $1.31B → Weak buyer interest.
4. 📌 Key Levels:
Resistance: $105,791 (EMA7) → $106,795 (24h high) → $108,025
Support: $104,872 (24h low) → $104,700 (EMA25) → $103,117
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📅 Today's Price Prediction
🐂 Bullish Reversal:
Break above $105,791 targets $106,795–$108,025
🔑 Needs volume > $1B for confirmation.
🐻 Bearish Continuation:
Rejection below $105,791 → likely test of $104,872 → $103,117
🎯 Most Likely Range: $104,500–$106,500 (rangebound with bearish bias)
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📈 Trade Strategy
🟢 1. Buy Setup (Swing Long):
Entry Triggers:
MACD bullish crossover ✅ + breakout above $105,791
Bounce from $104,700 (EMA25) with RSI >50
Targets:
$106,500 (partial)
$107,500–$108,000
Stop Loss: Below $104,500 🛑
🔴 2. Sell Setup (Short):
Entry Triggers:
Rejection near $105,700–$105,791 with RSI <45
Breakdown below $104,872 with volume spike 📉
Targets:
$104,000
$103,117
Stop Loss: Above $106,000 ❌
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