๐ Bitcoin (BTC) โ Market Update | June 18
Price: $105,000
๐ TA Overview:
BTC is consolidating between $103,500โ$107,700, forming a symmetrical triangle. Compression continues โ breakout soon.
๐ข Long Setup:
๐ฅ Entry: $104,000โ$105,000
๐ Confirmation Entry: Break above $107,700
๐ฏ Targets: $110,000 โ $112,500
โ Stop-loss: Below $103,000
๐ฉ Bias: Favoring long near support. Triangle breakout = full send.
๐ด Short Setup:
๐ฅ Entry: Only if BTC breaks below $103,000
๐ฏ Target: $100,000โ$101,000
โ Stop-loss: Above $105,500
๐ฅ No short yet โ wait for breakdown confirmation.
๐ Macro View:
No Fed rate cut yet ๐ฆ โ liquidity remains tight
IranโIsrael tensions โ๏ธ pressuring global risk markets
BTC behaving like a risk asset โ not a safe haven (yet)
๐ Recoil View:
Still coiling. Long is decent near support โ but real move starts above $107,700 or below $103K.
IMP: Always manage your risk and avoid over trading!๐ฅฐ
#BTC #crypto #bitcoin #Altcoins #BinanceSquare
Price: $105,000
๐ TA Overview:
BTC is consolidating between $103,500โ$107,700, forming a symmetrical triangle. Compression continues โ breakout soon.
๐ข Long Setup:
๐ฅ Entry: $104,000โ$105,000
๐ Confirmation Entry: Break above $107,700
๐ฏ Targets: $110,000 โ $112,500
โ Stop-loss: Below $103,000
๐ฉ Bias: Favoring long near support. Triangle breakout = full send.
๐ด Short Setup:
๐ฅ Entry: Only if BTC breaks below $103,000
๐ฏ Target: $100,000โ$101,000
โ Stop-loss: Above $105,500
๐ฅ No short yet โ wait for breakdown confirmation.
๐ Macro View:
No Fed rate cut yet ๐ฆ โ liquidity remains tight
IranโIsrael tensions โ๏ธ pressuring global risk markets
BTC behaving like a risk asset โ not a safe haven (yet)
๐ Recoil View:
Still coiling. Long is decent near support โ but real move starts above $107,700 or below $103K.
IMP: Always manage your risk and avoid over trading!๐ฅฐ
#BTC #crypto #bitcoin #Altcoins #BinanceSquare
