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

basictradingtv

Bitcoin - BTCUSD - is now at the previous highs:(click chart above to see the in depth analysis👆🏻)It could really not be more exciting on Bitcoin at the moment. With the current "all or nothing" potential breakout or double top creation, we will either see a bullrun or a bear market. So far, bulls are still strong, so the chances of a breakout luckily remain higher.Levels to watch: $100.000Keep your long term vision!Philip (BasicTrading)Bitcoin - BTCUSD - will break out:(click chart above to see the in depth analysis👆🏻)Over the past couple of days we have been seeing quite a lot of volatility on Bitcoin. This could either mean that whales are still accumulating. Or, whales are starting to dump their Bitcoin to retail traders. My preferred scenario is clearly the first.Levels to watch: $100.000Keep your long term vision!Philip (BasicTrading)