🚀 BTC/USD Technical Analysis – Possible push towards $112,790
🕒 30-minute chart | Date: June 10, 2025
🔹 Pivot Point: $108,710
✅ Main scenario: The bullish movement remains as long as $108,710 acts as support. The next targets would be at $111,990 and $112,790.
⚠️ Alternative scenario: If the price falls below $108,710, a correction towards $107,360 and $106,560 could be expected.
📊 Technical indicators:
RSI above 50 ➡️ Strengthening of bullish momentum.
MACD above its signal line ➡️ Confirmation of positive trend.
The price is trading above the 20 and 50-period moving averages ($109,271 and $109,451 respectively) ➡️ Sign of strength in the current trend.
📌 Key zones to watch:
Support: $108,710
Resistances: $111,990 and $112,790
📈 Conclusion: Bitcoin maintains a favorable technical structure to continue its ascent, as long as it holds support at $108,710. Traders could consider this level as a control point in the upcoming sessions.
