Technical analysis by CRYPTO_HUUNTER about Symbol BTC on 6/11/2025

📊 Bitcoin Price Update: Key Resistance Ahead – Range Likely Before FOMCAs previously discussed, Bitcoin may be entering a short-term consolidation phase. The current candlestick structure suggests that recent price action is driven by profit-taking from long positions, not aggressive selling. If bears were in control, we would have seen a deeper retracement by now — a positive sign for bulls.Bitcoin is approaching a critical resistance zone between $110,264 and $111,782. If the price enters this range, some supply pressure is expected. However, as long as BTC holds above $107,000, the bullish market structure remains intact.---🔍 Key Technical Observations:Recent candles show profit-taking, not distributionSellers are not yet active — indicating continued bullish sentimentBitcoin dominance is pulling back slightly while BTC ranges — this has led to stronger moves in altcoinsIf BTC dips while dominance continues to fall, it could set the stage for an early altcoin rally (altseason)---🕰️ Macro Events on the Radar:Key upcoming news:U.S. CPI DataFOMC Rate Decision – Wednesday next weekUntil then, the market may remain range-bound as it awaits clarityRecommendation: lower risk exposure, reduce position size, and stay selective with trades---⚠️ Altcoin Strategy:If you're already in altcoin long positions, consider partial profit-takingWatch Bitcoin dominance closely: continued downside could fuel a broader altseasonKeep an eye on BTC’s $107K support and its reaction near $111.7K resistance---📈 Summary:Critical Resistance Zone: $110,264 – $111,782Key Support: $107,000Market Bias: Cautiously bullishFOMC Outlook: Sideways movement likely until Wednesday