Technical analysis by FX_Jhon about Symbol BTC on 6/13/2025

This chart shows a technical analysis of Bitcoin (BTC/USD) using 4-hour candles. Here's a breakdown of what it indicates:Key Elements:Resistance/Support Zones:Upper Yellow Band (~112,000 USD): Labeled as “SUPPORT LINE” but acts more like a resistance zone in recent price actions.Lower Yellow Band (~92,000 USD): Labeled as “LAST TARGET” and represents the next significant support zone.Current Price: Around 103,877 USD at the time of the chart.Red Arrows: Indicate previous rejections at the resistance zone.Green Arrow: Shows a bounce