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

https://sahmeto.com/message/3594431
MarketIntel
MarketIntel
Rank: 1646
2.4
Buy،Technical،MarketIntel

Bitcoin has made a significant push to the upside, which brought it closer to the upper blue Target Zone between $117,553 and $130,891, where we primarily expect the corrective rise of green wave B to conclude. We consider this price range an opportunity to take partial profits or to open short hedges for tactical protection of existing long positions — thus, we don't plan to sell all our Bitcoin holdings there. Potential short hedges could be secured with a stop 1% above the upper edge of the zone since there's a 30% chance that price could exceed this zone to develop a new high for blue wave alt.(i) before reversing later. Primarily, however, green wave C should commence in the upper blue zone and drive BTC down into the lower blue zone between $62,395 and $51,323—and thus to the low of orange wave a.📈 Over 190 precise analyses, clear entry points, and defined Target Zones - that's what we do.

Translated from: English
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Signal Type: Buy
Time Frame:
8 ساعت
Profit Target:
$117,553
Stop Loss Price
$51,323.43
Price at Publish Time:
$108,756.6
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