Technical analysis by dchua1969 about Symbol BTC: Buy recommendation (6/9/2025)
https://sahmeto.com/message/3589239

dchua1969
Rank: 1080
Analytical Power:
2.6

If purely looking from chart point of view, I would wait a while...... it is at this consolidation stage and the important resistance line at 105, 415 needs a more convincing break up.Current price action shows us buyers and sellers are at conflict with one side pushing up while the other is pushing down (shorts or take profits).......The 100k psychological price level is sensitive and important as well. It needs to stay above this level for the rally to continue. If you want exposure to bitcoin, consider the BITB ETF. You can sleep peacefully at night ........As usual, please DYODD
Translated from: English
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Signal Type: Buy
Time Frame:
1 dayProfit Target:
$115,000Stop Loss Price
$100,000Price at Publish Time:
$105,767.41