Technical analysis by InvestingScope about Symbol BTC: Buy recommendation (6/12/2025)

Bitcoin is on a slight pullback, being only marginally bullish on its 1D technical outlook (RSI = 56.024, MACD = 1611.500, ADX = 23.439). Based on the 1W RSI we may be on the October 30th - November 4th 2024 pullback that preceded the U.S. elections. The decisive test will be on the 1D MA50 again, but as long as the S1 level holds, chances are we will see a similar +106.40% rally. We remain bullish on BTC, TP = 150,000.## If you like our free content follow our profile to get more daily ideas. #### Comments and likes are greatly appreciated. ##