Bitcoin Technical Analysis Report 9 June, 2025 - FinanceFeeds

Bitcoin's Monthly Trend: Early Pivots and Potential "Fake-Outs" Point to Bullish June

Observing the recent BTC price chart, Daan Crypto Trades highlights a notable pattern: the monthly high and low often materialize early in the month. For June, the current low was established on the 5th, with the high set on the 9th. This aligns with historical data, where a significant majority—80.7%—of monthly lows and highs are set within the first 12 trading days. This suggests that both the 5th and 9th of June could serve as crucial pivot p…

Bitcoin Technical Analysis Report 9 June, 2025 - FinanceFeeds

Bitcoin cryptocurrency can be expected to rise to the next resistance level 110000.00 (former resistance from May).     Bitcoin broke daily down channel Likely to rise to resistance level 110000.00 Bitcoin cryptocurrency recently reversed up from the support zone between the round support level 100000.00 (which has been reversing the price from the start of May, as can be seen from the daily Bitcoin chart below), lower daily Bollinger Band and …

Bitcoin Technical Analysis Report

Bitcoin hovered around $105,500 as the June 8 weekly close approached, signaling renewed optimism that the recent correction may have run its course. After dipping to $100,500 on June 5, BTC/USD has staged a solid recovery, inching back toward its weekly opening levels. This rebound has reignited bullish sentiment among traders, many of whom believe the broader uptrend is resuming. Analysts are drawing parallels between Bitcoin’s current market …