Technical analysis by PFXteam about Symbol BTC: Sell recommendation (6/8/2025)

BTCUSD 4-Hour Outlook: The Week Ahead🔴 Key Resistance ZonesFirst Resistance $107 000–$108 500Recent swing highs where price stalled before the last leg down. Clearing and closing above $105 000 on the 4H would open the door toward this zone.Final Resistance$111 000–$113 000 (If broken expect a run to $115,000)The all-time-high area. Heavy sell-side liquidity lives here and past price action shows repeated FVG fills and wicks into this region.🔵 Critical Support & Buy ZonesDiscount Buy Zone: $92 000–$89 000 (50% at $89 150)A deeper weekly FVG and longer-term trend support. The ultimate “buy the dip” area if the premium zone gives way.Premium Buy Zone: $100 000 – $99 000 (50% at $99 450)A 4H Fair Value Gap that aligns with our higher-timeframe trend support. The recent bounce here signals strength—and a possible launchpad back into resistance.📊 Weekly Price Action Scenarios Bullish Theory:If BTC can close cleanly above $105 000 on the 4H, look for a run into $107 000–$108 500 (First Resistance). A follow-through push could then target $111 000–$113 000 (Final Resistance) by week’s end with a potential further move to $115 000 where the 8 year trend will be tested again. Bearish Theory:Failure to reclaim $105 000, or a clear rejection in the $107 000–$108 500 zone, could usher in a retest of the Premium Buy Zone (~$100 000). A break below $99 000 would shift focus toward the Discount Buy Zone around $92 000–$89 000.💡 Trade Ideas for the WeekPotential Long IdeasEntry: 4H candle close above $105 000Targets: First take-profit at $108 500; stretch target $112 000–$113 000Stop-Loss: Below $103 000Zone Re-Entry LongEntry: Bullish 4H candle close in $100 000–$99 000Targets: $107 000 then $112 000Stop-Loss: Below $97 500Potential Short IdeasEntry: Bearish price action (e.g., engulfing candle or wick rejection) in $107 000–$108 500Targets: $100 000→$92 000Stop-Loss: Above $109 000Just a Heads-Up:This is my take on the charts—not gospel, not financial advice, and definitely not a crystal ball 🔮.Trading is part skill, part patience, and part “what just happened?” 😅We all see things a little differently, and that’s the beauty of it.So if you’ve got a hot take, wild theory, or just want to drop some chart wisdom—hit the comments!Let’s grow, learn, and laugh through the madness together. 🚀📈Each one, teach one.— Phoenix FX Team 🔥🦅