Technical analysis by fxtraderanthony about Symbol BTC: Buy recommendation (6/10/2025)

fxtraderanthony

💹 BTC/USDC – Bullish Outlook, heres my Trade Plan.Bitcoin (BTC/USDC) is currently maintaining a strong bullish trajectory 🚀, showing impressive momentum after breaking through recent resistance levels 🔓.However, price is now overextended from the last swing low, and I’m anticipating a pullback into value 🔄 — specifically targeting the 50%–61.8% Fibonacci retracement zone drawn from the latest swing low to swing high 📐. This zone often acts as a rebalancing point for institutional traders and provides confluence for smart entries 🎯.I’ll be closely watching this retracement area for signs of support forming, and more importantly, a bullish break in market structure 🧠📊. Only after that confirmation, would I consider executing a long position — no structure break, no trade ✅.This isn’t about predicting — it’s about reacting with discipline.