$BTC Bitcoin Analysis – June 10, 2025
Bitcoin is navigating a tense consolidation phase around $109k–110k, flashing both bullish and cautionary signals on the chart.
📈 Momentum Dashboard
Sharp recovery from the $100k–$105k zone—prices rebounded after a classic head-and-shoulders breakdown and retest, showing resilience .
Recently surged past key resistance at $106.5k and briefly touched $108k, before retesting and holding above $106.5k—signaling strong buyer interest .
⚠️ Warning Signs
The 50‑day SMA is at record highs, but Bitcoin is tightening around it, suggesting a potential short‑term pullback unless fresh buying momentum appears .
On‑chain metrics show subdued volume, indicating lack of conviction above current levels .
🌍 Macro Context
BTC is benefiting from firm support near $105k, even amid U.S. geopolitical tensions and macro noise .
Technical analysts see a crossover “peaceful rally” forming—higher highs and lows—but it needs a macro catalyst (e.g., U.S. inflation data or Fed moves) to push decisively past $112k .
🧩 Strategy
Swing traders can snap up dips near $106.5k–$107k with tight stops below $105k.
Break and hold above $112k on strong volume could ignite a breakout toward $120k+.