Technical analysis by Urbanmove about Symbol BTC on 6/12/2025

Last night the momentum was so strong , and resistance levels where being taken out one after another. Today when we should have been making new highs, instead we hit a wall. Not good. That wall in yellow is the 7/8ths reflection line. The bounce backward from here could pick up massive steam downward. The 1st stop loss has already been hit, #2 and #3 look to be tested today, and from the way things look now, they look to yield. I am stopped out, and will not reenter long until a new high is made. Good Luck!