Technical analysis by jonnieking about Symbol BTC: Sell recommendation (6/7/2025)

So close, but so far away.BTC held the 50DMA as support today but failed to break above the EMA9. 

I suspect ₿itcoin now makes it way back down for the long awaited retest of the 200DMA ~$95k as I’ve been stating since the death cross. If BTC can reclaim the EMA9 to close the week there may be a shot to continue the bullish uptrend, otherwise this correction will take a few weeks to play out.