Technical analysis by dfpksk about Symbol BTC on 6/1/2025

🧠 BTC/USDT – Daily Market Structure Analysis | Critical Decision PointBitcoin is currently sitting at a crucial decision zone around the $105K level, right after breaking its bullish trendline to the downside. This structural break has already formed a Lower Low (LL), raising the possibility of a deeper correction unless bulls step in strongly from the current support zone.In this analysis, I’ll walk you through both bullish and bearish scenarios, the market structure logic, and why this zone might be the trigger for the next major move in BTC.🔍 Market Context:The recent trendline break occurred after a strong upward leg, with buyers showing exhaustion near the $111.7K resistance. Once price broke below the rising trendline, it created a new LL, officially shifting the structure to bearish in the short term. However, that doesn't mean the trend has fully reversed — yet.✅ Bullish Scenario (Green Path):For bulls to regain control, price must hold above the $104K key support.If BTC can form a Higher Low (HL) in this area and break back above $111.7K, it would confirm a bullish re-accumulation structure.In that case, a long setup would be valid upon confirmation, with a Target Price (TP) at $129,984, which is a major liquidity level from the previous macro range.This scenario aligns with continuation of the overall macro uptrend, and could be fueled by fresh momentum entering the market.❌ Bearish Scenario (Red Path):Failure to hold $104K support and a confirmed bearish break could lead to continuation of the short-term downtrend.In this case, a Short position becomes valid upon break and retest, targeting the $94,317 support zone, which aligns with previous demand and potential Fibonacci retracement clusters.This scenario suggests deeper correction or possible start of a broader consolidation phase before the next major leg up.📌 Key Technical Levels:Resistance: $111,707Support: $104,022Bullish TP: $129,984Bearish TP: $94,317🔑 What to Watch For:Price action around $104K: Will bulls defend it, or will it flip to resistance?Structure formation: Look for either a clean HL + Break, or another LL to determine direction.Volume confirmation on breakouts is critical — don’t enter without it.📢 Follow me for more institutional-level market structure breakdowns, trade setups, and real-time BTC updates.This is not just a prediction — it’s a probability-based roadmap that puts structure first and emotion last.Let the chart speak.🔗 Official Channels & Resources:🎥 YouTube:youtube.com/@thewhalepulse💬 Telegram:t.me/TheWhalePulse🎧 Discord:discord.gg/fF5C3Euy📈 TradingView:tradingview.com/u/whalepulse/🌐 CoinMarketCap:coinmarketcap.com/community/profile/thewhalepulse/📸Instagram :instagram.com/whalepulsepro