๐ธ Bitcoin Holds Strong Above $105K โ June Likely to Stay Range-Bound ๐ธ
Bitcoin (BTC) is holding firm above $105,000 after hitting new highs around $112,000 in May ๐. But for now, short-term momentum is cooling, with sellers stepping in near resistance zones ๐ป.
๐ Analyst Outlook for June:
Most experts expect BTC to trade in a wide range between $104,000 and $125,000 this month. No major dumps are predicted โ๐ โ just some sideways action or minor pullbacks as the market consolidates. If bulls can hold key support levels, we might see another leg up soon ๐๐.
๐ง What to Expect in the Short Term:
โข More choppy price action
โข No clear trend breakouts yet
โข Good setups for range traders ๐ฏ
โข Buy near support, sell near resistance
๐
Looking Ahead to 2025:
The long-term vibe stays bullish ๐ช๐. As adoption and market strength grow, many still expect new ATHs in the coming year. For now, itโs about patience and positioning.
โ Your Move?
Are you planning to trade this range or just watch from the sidelines? ๐๐ฌ
Either way, stay sharpโthe next big move may just be warming up. ๐ฅ๐