Technical analysis by dRends35 about Symbol BTC on 6/7/2025

BTCIn my method, there are 2 interlinking signals that are more significant than any other. They are - - Whipsaw - Zones of liquidity....When we have significant whipsaws pivoting in significant zones of liquidity - this often punctuates a high time frame reversal.The highest liquidity will be below the lowest support.And in this area May support (on chart) is the lowest for the current trading range.So we had an upside shakeout (red arrow) that led to an impulsive dump.And that dump printed a downside shakeout (green arrow) through highest liquidity below May support.And now moving up there has been hardly any bearish action.Its been drifting up very easily with a brief wobble through the Supply Trendline.And so the longer it drifts up without bearish action; the larger the whipsaw will be....Now price is getting close to the peak of the upside shakeout.And so a bullish engulf is complete.This is a critical phase because the area above the wick will be a zone of higher liquidity.If we see more whippy candles that lead to some bearish action then we may consider that this is all trading range chop.But if Bitcoin were to drift on up with only minor wobbles, then it will be starting to look like the next wave up is on.My preference is that a third correction (crash) wave in stock indexes can trigger a collapse in Bitcoin; because that will bring the opportunity for deeper value buys in related coins / assets with more protection.But obviously Bitcoin doesn't care about my preferences and perhaps will continue up from this dangerous area.It is especially dangerous because; even if Bitcoin does push on up - bearish action can easily be triggered by a stock index collapse....We can also look to Bitcoin / crypto stocks and altcoins for signals in this areaIts worth noting also that Bitcoin stock; MSTR has been quite flat after a terrible bearish shakeout: That doesn't prove bullish action in Bitcoin, but it does leave the door open for the bullish case.So we'll see - its quite a critical area here.Upcoming whipsaws may give us a clue of what happens next 🧐.Not adviceDo BOOST my thread if you enjoy the FREE content.Too many leeches that do not BOOST leads to less content posted / posting more on other websites with more interest.Thanks 👍I'm going to try out a new system as per the idiom "You scratch my back, I'll scratch yours."There will now be tiers determined by the ratio of Supporters that hit the BOOST to Leeches that view and do not.More BOOSTS = More FREE content.Less BOOSTS = Less FREE content / FREE Content withdrawn.Tier 1 ratio:Above 0.1 (More than 1 in 10 unique viewers hit the BOOST):Thread updated with somewhat regular and somewhat timely posts until next thread is made.Tier 2 ratio:0.05 > 0.1 (1 in 10 - 20 or more unique viewers hit the BOOST)No more updates to thread will be made, but no delay before next thread.Tier 3 ratio:0.033 > 0.5 (1 in 20 - 30 or more unique viewers hit the BOOST)No more updates and no more threads for 1 month.Tier 4 ratio:Less than 0.033 (Less than 1 in 30 unique viewers hit the BOOST)The current ratio is 0.026. 1 BOOST in 38 unique views:So this thread is currently in Tier 4.If it remains like this then I will not update the thread and not make any more content on Bitcoin and perhaps related assets also for 2 months.It only takes a few of you to hit the BOOST and the ratio quickly changes.So if you want more updates and no delays then support your publisher and HIT THE BOOST.Thanks for your understanding and support 👍.