Technical analysis by Ryn8111 about Symbol BTC on 6/16/2025

Ryn8111

Bitcoin Bias Map – Monday BTCUSDT BTCUSDT.P Current Context: - Impulsive leg up completed. - Reclaimed 106,400–106,500 on 4H timeframe with displacement. - Higher low established on 4H. - Equal highs around 110,700 on 4H, immediate draw on liquidity for bulls. Beyond that, all-time highs as targets.Key Levels: - Support: 106,400–106,500 region. - Risk: Loss of this region H4 likely triggers a fast revisit to ~100k.Price Action Signals: - H4 overbought; M30 oversold — potential scalp long entry for move toward equal highs. - H12 neutral but moving out of oversold. - Daily neutral but price sitting in a daily bearish fair value gap.Trade Plan: - No interest in shorting unless 106,400 breaks decisively. - No confirmed swing failure point yet to justify short trigger. - Looking to enter long on pullback when H1 becomes oversold. - Ready to flip short if wrong with clear structure break.Personally, looking for longs. Until 106,500 is lost my bias is up now till EQHs. this is a strong reaction