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

https://sahmeto.com/message/3594258
The_Alchemist_Trader_
The_Alchemist_Trader_
Rank: 2430
2.2
Buy،Technical،The_Alchemist_Trader_

Bitcoin has confirmed a bearish shark harmonic on the intraday timeframe, indicating potential for a short-term correction. Volume remains average, with no signs of a short squeeze behind the move, increasing the likelihood of a reversal back into key volume zones.Key Highlights:Price testing the Value Area High — a key inflection levelDownside targets: Point of Control and 0.618 Fibonacci retracementNo short squeeze detected — risk of long squeeze triggering range rotation

Translated from: English
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Signal Type: Buy
Time Frame:
1 hour
Profit Target:
$112,425.91
Stop Loss Price
$104,964.14
Price at Publish Time:
$109,142.71
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