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Technical analysis by Sive-Morten about Symbol BTC on 6/5/2025

https://sahmeto.com/message/3581441
Sive-Morten
Sive-Morten
Rank: 11
4.3
،Technical،Sive-Morten

Morning folks, Not many changes since our last discussion. Yes BTC moved slightly lower, as we suggested, but you can see by yourself - action is very slow and lazy. Usually when bears control the market, action has to be stronger. It means that overall context remains bearish but it is weak and not very attractive for trading, although it is not forbidden of course. We consider upside breakout of 107-108K area as a vital moment for this context. While downside target is around 97-98K.

Translated from: English
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Signal Type: Neutral
Time Frame:
1 hour
Price at Publish Time:
$104,804.68
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