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๐Ÿ“Š BTC Market Analysis โ€“ Deep Dive ๐Ÿ” | 4 June 2025



Bitcoin is currently consolidating near key levels, and the market is showing signs of an imminent breakout. Letโ€™s break down what weโ€™re seeing:

๐Ÿง  Technical Analysis Insight:

Support Zone: Holding firm around $104,000 โ€“ $105,000

Resistance Level: Watching closely at $106,800 โ€“ $107,000

Key Indicators:

RSI cooling down from overbought territory, now stabilizing

MACD showing early bullish crossover

Volume decreasing slightly, suggesting a potential squeeze setup

๐Ÿ“‰ Price Structure: BTC is forming a tight symmetrical triangle on the 4H chart โ€” a breakout is likely within the next 24โ€“48 hours. A breakout above resistance could ignite momentum towards the $110Kโ€“$112K zone. A breakdown below support might test the $102K range.

๐Ÿ“ˆ What Iโ€™m Watching:

DXY weakness (supportive for BTC bullish bias)

ETH/BTC pair showing strength (altseason hints?)

BTC Dominance slightly declining (risk-on sentiment building)

๐Ÿšจ Conclusion: Weโ€™re in a high-stakes zone right now. Stay sharp โ€” breakout traders should wait for confirmation, while swing traders might consider layered entries around support with tight stop-losses.

๐Ÿ’ฌ Drop your thoughts below.

#Bitcoin# #BTCUpdate# #CryptoMarket# #Gateio# #BullRun2025#
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Sakura_3434vip
ยท 06-05 05:28
Just go for it๐Ÿ’ช
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Ryakpandavip
ยท 06-04 06:21
Just go for it๐Ÿ’ช
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