Technical analysis by ProfitaminFX about Symbol BTC on 6/5/2025

🟠 Price is consolidating around 104,500, sitting right on the short-term ascending trendline. No clear breakout yet.🔴 Supply Zones:1️⃣ OB 1H:📍 107,800 – 108,600📌 Strong rejection zone that led to the current decline.2️⃣ OB 4H:📍 106,100 – 107,500📌 Key resistance zone – a valid break above may trigger bullish continuation.3️⃣ Upper OB 1H:📍 110,700 – 111,400📌 Higher resistance to watch in case of strong breakout.🟢 Demand Zones:1️⃣ FVG 1H:📍 103,900 – 104,300📌 Price is nearing this imbalance zone – bullish reaction expected if support holds.2️⃣ Lower FVG 1H:📍 99,900 – 100,700📌 If current support fails, this is the next strong liquidity zone.📊 Possible Scenarios:1️⃣ Bounce from current trendline & FVG → move toward OB 4H (buy setup with confirmation)2️⃣ Break below trendline → deeper pullback into 100K zone3️⃣ Breakout above OB 4H → target next resistance at 108,600 and above‼️ Wait for confirmation before jumping in – price action is at a decision point.🔍 Insight by ProfitaminFXIf this outlook aligns with your bias, or if you see it differently, feel free to share your perspective in the comments. Let’s grow together 📈✅ Scenario 2 played out perfectly!We caught the initial short move, which hit the target nicely,and then entered a long position around the $100K zone — exactly as planned. Both trades played out beautifully. 🎯📈 Price respected our key levels and provided clean entries on both sides.Now we’re watching to see if the bullish momentum continues. But either way, the scenario worked out spot-on.