Analysis $BTC 09/06/2025
#BTC , really extraordinary... we had a great weekend and broke through the $107K today (as I mentioned in last week's analysis). Notice here that we did a quick retest in this region of $107,100K as soon as we broke through, and we are currently attacking the $109K. This red region on the chart is where things get serious.
Even though the price passed through $107K easily, as many large sell orders were quickly removed, these prices of $109K have strategic importance for both sides, as above this red range the BULLS could push the price to $112K quickly and enter price discovery, which will be a big problem for the BEARS.
We rose too quickly today; a bit more time in this region above the orange range would be ideal before we attack the $109K, or if we have enough strength, push the price above $109K and form support there, either way... we cannot let the price fall below $107K or things will get bad.
The SPOT/PERP levels are still quite reasonable, and we still have a bit more strength for one more rise until we necessarily have to cool off a bit, let's do that.
There’s no need to complicate things here: Stay above $107K and we will have a new ATH soon.
I warned you that there was no reason for despair!
$112K loading...
#BTC , really extraordinary... we had a great weekend and broke through the $107K today (as I mentioned in last week's analysis). Notice here that we did a quick retest in this region of $107,100K as soon as we broke through, and we are currently attacking the $109K. This red region on the chart is where things get serious.
Even though the price passed through $107K easily, as many large sell orders were quickly removed, these prices of $109K have strategic importance for both sides, as above this red range the BULLS could push the price to $112K quickly and enter price discovery, which will be a big problem for the BEARS.
We rose too quickly today; a bit more time in this region above the orange range would be ideal before we attack the $109K, or if we have enough strength, push the price above $109K and form support there, either way... we cannot let the price fall below $107K or things will get bad.
The SPOT/PERP levels are still quite reasonable, and we still have a bit more strength for one more rise until we necessarily have to cool off a bit, let's do that.
There’s no need to complicate things here: Stay above $107K and we will have a new ATH soon.
I warned you that there was no reason for despair!
$112K loading...