2025-06-07 13:54:29

BTC/USDT Analysis – June 7, 2025

BTC has successfully rebounded from strong support around $100,400 after being under pressure since the end of May. Currently, the price is moving around $105,300 with indications of a short-term bullish momentum starting to form.

Key indicators:
• EMA 5, 10, and 30 are starting to show potential for a golden cross.
• RSI is at the level of 45–50, indicating that upward room is still open.
• MACD starts to form a positive histogram, an early signal of trend recovery.

📌 Safe buying area (spot):
• $102,700–$103,800 → healthy retrace zone if a correction occurs.
• Strong support remains at $100,400, this area becomes the valid lower limit for cut loss if there is a breakdown.

Strategy: Gradual accumulation when the price approaches the support zone. Watch for rejection at $106,200 and $109,600 if momentum strengthens.

#BitcoinAsia2024 #BTC #contentstar #CryptoTradingTips

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