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

Bitcoin's price is at a relatively critical juncture. Recently, its price has been extremely volatile, akin to a roller-coaster ride, and is in a state of high-level oscillation. On May 22nd, Bitcoin strongly broke through the $110,000 mark, hitting an all-time high, with its total market capitalization exceeding $2.1 trillion. However, the market subsequently entered an adjustment period. On May 30th, the entire cryptocurrency market experienced a collective collapse, with Bitcoin's price once falling below $105,000, suffering a 3% drop in a single day. The price has rebounded in recent days and is currently fluctuating around the $104,000-$106,000 range.At the technical indicator level, the current Bitcoin price has formed a relatively strong support level near $103,000. Once the price corrects to this range and stabilizes, based on the patterns of historical technical charts, it is highly likely to trigger a rebound. The upper resistance level is approximately $106,000. If this resistance can be successfully broken, the price is expected to rise further.Today's BTC trading strategy, I hope it will be helpful to youBTCUSDT BUY@103000~104000SL:102000TP:105000~106000