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Technical analysis by TradingShot about Symbol BTC: Buy recommendation (6/11/2025)

https://sahmeto.com/message/3596049
TradingShot
TradingShot
Rank: 1264
2.6
Buy،Technical،TradingShot

Bitcoin (BTCUSD) has started June on a very promising note, recovering most of last week's losses and is potentially headed for a new All Time High (ATH). This however, should be no surprise as BTC has exhibited amazing strength during the month of June and onwards since 2013.As this chart shows, the market has historically rallied on June, in fact it is the month that kick-started Bitcoin's final rallies towards the Top on its last three Cycles.Based on the 2W RSI, which is ranging within the 0.236 - 0.618 Fibonacci levels, we can argue that the price action is closer to June 2017 than other Cycles. As to how high it can get to, we've analyzed that on other studies, the current analysis only serves to show you that historically we are set for a strong 'Bullish June Seasonality' effect.Do you agree that this is about to kick-in? Feel free to let us know in the comments section below!-------------------------------------------------------------------------------** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **-------------------------------------------------------------------------------💸💸💸💸💸💸👇 👇 👇 👇 👇 👇

Translated from: English
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Signal Type: Buy
Time Frame:
14 روز
Profit Target:
$130,000
Price at Publish Time:
$109,456.35
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