Technical analysis by evasivesteering about Symbol BTC: Buy recommendation (6/14/2025)

evasivesteering

Bitcoin continues to struggle with its long-term weekly resistance.In the short term, it’s likely that BTC will consolidate within the $100,000–$112,000 range.Positioning heavily into altcoins during this phase may not be ideal. It’s more prudent to wait for either a confirmed breakout above weekly resistance or a pullback toward the $94,000–$92,000 support zone.For now, the focus remains on short-term trading opportunities within this range. A potential long setup is outlined in the chart.Disclaimer:This analysis is based on my personnal views and is not a financial advice. Risk is under your control.Still patiently wait for BTC at $100,000sBTC is moving as expected. Let's wait to enterI enter here at $99700 with a tight SL at 97900BTC is recovering. If it closes above 100500, this will be a good sign of strength.BTC up +8% since entry.Move SL to entry+10% since entry. BTC broke the decending parallel channelClose almost position hereMove SL to $105000