๐ BTCUSD 1H Technical Outlook โ June 3, 2025
Current Price: $105,284
Bitcoin is showing strong signs of a bullish reversal on the 1-hour timeframe, with multiple CHoCH and Break of Structure (BOS) patterns confirming market strength. A rounded bottom formation is visible, signaling a potential upward breakout.
๐ Support Level: $103,300
๐ Resistance Zone: $106,200 โ $107,000
๐ฏ Target Zone: $110,000 โ $111,000
๐ก Technical Bias:
As long as BTC holds above the $103,300 level, the bullish structure remains intact. A break and hold above resistance could spark a continuation rally toward the $110K+ zone.
๐ Stay alert for price action and volume confirmation at key levels.
๐ Momentum building โ eyes on breakout!
Current Price: $105,284
Bitcoin is showing strong signs of a bullish reversal on the 1-hour timeframe, with multiple CHoCH and Break of Structure (BOS) patterns confirming market strength. A rounded bottom formation is visible, signaling a potential upward breakout.
๐ Support Level: $103,300
๐ Resistance Zone: $106,200 โ $107,000
๐ฏ Target Zone: $110,000 โ $111,000
๐ก Technical Bias:
As long as BTC holds above the $103,300 level, the bullish structure remains intact. A break and hold above resistance could spark a continuation rally toward the $110K+ zone.
๐ Stay alert for price action and volume confirmation at key levels.
๐ Momentum building โ eyes on breakout!
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Related publications
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.