Technical analysis by Intrex-Trading about Symbol BTC on 6/1/2025

Bitcoin Update:Will Bitcoin reach a new all-time high at $116,250?First, Bitcoin is currently in a downtrend, and what we're seeing now is an upward correction.If it breaks the current resistance zone of $107,140 and stabilizes above it,We then say it will reach a new high, and we'll look for an entry opportunity.The second scenario could see Bitcoin reach the resistance zone, retest it, and continue its decline.