🟡 CURRENT ANALYSIS OF BITCOIN (BTC) 🟡
📅 Updated as of June 6, 2025
📈 Current price: $106,302
Bitcoin remains steady in the $105–106k range, showing stability after a week of consolidation.
🔍 Key technical indicators:
✅ Confirmed Golden Cross: The 50-day moving average is above the 200-day moving average. This reinforces a strong bullish trend in the medium term.
📊 RSI (14): It remains around 59–62. There are still no signs of overbought conditions, leaving room for further rises.
📉 MACD: Bullish crossover and positive momentum. It remains a strong signal for bullish continuation.
📌 Key levels:
🛡️ Strong support:
• $102,100
• $100,700
• $93,400 (critical zone in case of a major correction)
🧱 Resistance to overcome:
• $107,000
• $110,000
🧠 What to expect?
If BTC breaks the $107k resistance strongly, we could see it surge towards $110k–$120k.
But if it loses the $102k support, the price could retreat to $100k or even test $94k before bouncing back.
Leave me your opinion below 👇
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