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Technical analysis by alirezak about Symbol BTC: Buy recommendation (6/8/2025)

https://sahmeto.com/message/3587384
alirezak
alirezak
Rank: 463
3.0
Buy،Technical،alirezak

Dear Traders,📊 BTC/USDT 4H Analysis – June 8, 2025Bitcoin is currently testing the upper boundary of a descending wedge pattern. We are monitoring two main bullish scenarios:🔹 ALT 1: If the price breaks above the wedge resistance and holds, a continuation towards the $115,000–$120,000 zone is likely. This would confirm the breakout and a potential new bullish leg.🔹 ALT 2: In case of a rejection from the current resistance, we expect a retracement toward the demand zone around $100,000–$101,600. If price action remains bullish in this zone, this could be a strong re-entry point for long positions.🟥 Invalidation: A confirmed breakdown and consolidation below $100,000 would invalidate the bullish outlook and open the door to deeper corrections.⚠️ Wait for confirmation and observe price action in key zones before entering any trades.if you enjoyed this forecast, please show your support with a like and comment. Your feedback is what drives me to keep creating valuable content."Regards,Alireza!

Translated from: English
Show Original Message
Signal Type: Buy
Time Frame:
4 hours
Profit Target:
$115,000
Stop Loss Price
$100,000
Price at Publish Time:
$105,134.67
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