Technical analysis by weslad about Symbol BTC: Buy recommendation (6/9/2025)

weslad

As anticipated in the previous analysis, BTC has successfully completed the projected retest of the $100,000–$101,000 zone. The price action within this region confirmed strong demand and validated it as a key structural support.With the retest fulfilled and buyers stepping back in, the bullish continuation structure remains intact. We now shift focus toward the next upside targets around $123,420, $136,000, and $149,450, which form the anticipated confluence resistance zone for this current bullish cycle.So long as price continues to hold above the $100K structure, market sentiment remains constructive. Any decisive break below this zone would warrant a re-evaluation of the short-term bias.Stay sharp and manage risk accordingly. Feel free to share your thoughts in the comments.Bitcoin found support towards $100,000 zone.