$BTC Technical Analysis – Bitcoin (BTC)

🗓️ 08/06/2025

BTC continues to consolidate after the strong upward movement recorded in recent weeks. At the moment, the price is testing an important support zone in the region of $68,500 – $69,000, which has proven to be a defense area for buyers.

🔹 Trend: Still bullish in the medium term. The structure of higher highs and higher lows remains intact.

🔹 RSI: Around 52, showing balance between buyers and sellers.

🔹 50-period Moving Average: Acting as dynamic support, reinforcing the possibility of trend continuation.

🔹 Next resistances: $71,200 and $73,000.

🔹 Supports: $68,500 and $66,800.

📈 Bullish scenario: If BTC breaks $71,200 with increasing volume, it could seek new highs in the short term.

📉 Bearish scenario: Loss of $68,500 could lead to stronger corrections down to the region of $66,000 – $65,000.

🧠 Conclusion: A moment of attention for the price behavior in the coming hours. Traders should observe volume and reversal patterns in key areas. Long-term investors still have a positive scenario, as long as the main support holds.

🚨 Remember: this analysis is not a recommendation to buy or sell. Do your own analysis!

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