Technical analysis by FOREXcom about Symbol BTC on 6/2/2025

Bitcoin's rally stalled at the $108,500 resistance level, with prices now pulling back and breaking below the steep uptrend line. The MACD is crossing lower and RSI is falling toward neutral, indicating momentum may be shifting. With the 50-day moving average near $94,400 and horizontal support around $100,000, traders may look for signs of stabilization in that zone before reassessing trend continuation.-MW