Dear Traders,
📊 BTC/USDT 4H Analysis – June 8, 2025
Bitcoin is currently testing the upper boundary of a descending wedge pattern. We are monitoring two main bullish scenarios:
🔹 ALT 1: If the price breaks above the wedge resistance and holds, a continuation towards the $115,000–$120,000 zone is likely. This would confirm the breakout and a potential new bullish leg.
🔹 ALT 2: In case of a rejection from the current resistance, we expect a retracement toward the demand zone around $100,000–$101,600. If price action remains bullish in this zone, this could be a strong re-entry point for long positions.
🟥 Invalidation: A confirmed breakdown and consolidation below $100,000 would invalidate the bullish outlook and open the door to deeper corrections.
⚠️ Wait for confirmation and observe price action in key zones before entering any trades.
if you enjoyed this forecast, please show your support with a like and comment. Your feedback is what drives me to keep creating valuable content."
Regards,
Alireza!
📊 BTC/USDT 4H Analysis – June 8, 2025
Bitcoin is currently testing the upper boundary of a descending wedge pattern. We are monitoring two main bullish scenarios:
🔹 ALT 1: If the price breaks above the wedge resistance and holds, a continuation towards the $115,000–$120,000 zone is likely. This would confirm the breakout and a potential new bullish leg.
🔹 ALT 2: In case of a rejection from the current resistance, we expect a retracement toward the demand zone around $100,000–$101,600. If price action remains bullish in this zone, this could be a strong re-entry point for long positions.
🟥 Invalidation: A confirmed breakdown and consolidation below $100,000 would invalidate the bullish outlook and open the door to deeper corrections.
⚠️ Wait for confirmation and observe price action in key zones before entering any trades.
if you enjoyed this forecast, please show your support with a like and comment. Your feedback is what drives me to keep creating valuable content."
Regards,
Alireza!
Trade active
💰MY FREE FOREX CRYPTO SIGNALS TELEGRAM CHANNEL: : t.me/Alirezaktrade
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
💰MY FREE FOREX CRYPTO SIGNALS TELEGRAM CHANNEL: : t.me/Alirezaktrade
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.