Login / Join

Technical analysis by CryptoSkullSignal about Symbol BTC: Buy recommendation (6/5/2025)

https://sahmeto.com/message/3581069
CryptoSkullSignal
CryptoSkullSignal
Rank: 23774
1.4
Buy،Technical،CryptoSkullSignal

BTC Bullish Structure Intact – Eyes on CPIBitcoin is currently consolidating near the $105K region after a strong breakout above previous resistance. The structure remains bullish with clear higher highs and higher lows intact. The ideal re-entry zone for a high-risk-reward setup is between $99K–$100K, aligning with key support and the previous breakout level. If price dips into that zone, it could offer a prime opportunity for long entries.🔸 Key Support Zone at 99K – 100K:This region offers the best risk-reward re-entry opportunity if market revisits it. Orders are already placed accordingly.🔸 Upside Target: 110k+Breakout from the current consolidation is expected to push price toward 110K+, possibly extending into the 115K–120K range forming the final leg of the cup & handle pattern.🔸 Outlook:Watching CPI release on June 11 – a major macro event that could induce short-term volatility. Expect potential fakeouts or shakeouts around that day. Maintain core holdings and place additional bids around the 99–100K zone in case of CPI-driven dip

Translated from: English
Show Original Message
Signal Type: Buy
Time Frame:
1 day
Profit Target:
$110,000
Stop Loss Price
$100,000
Price at Publish Time:
$104,806.81
Share
Signals
Top Traders
Feed
Alerts