🔍 BTC/USDT Technical Analysis
📆 Chart Context:
Published on: June 18, 2025
Instrument: Bitcoin (BTC) vs Tether (USDT)
Timeframe: Appears to be 4H or 1H based on candle width and structure
🧠 Market Structure
🔸 Lower Highs Forming
Clear rejection from around 110,000–112,000 USDT
A sequence of lower highs suggests bearish momentum
Market is failing to break previous highs, signaling potential reversal
🔸 Strong Support Zone
Marked between $99,000 – $100,000
This level has previously caused price reversals (see June 6 and 13 wicks)
Currently being tested again — buyers have defended this area twice
🔁 Price Action & Candlestick Behavior
Recent candles show indecision and weakness after a mild bounce
Wick rejections near $106,000–$107,000 point to supply zone
Projected path (gray curve) implies a small pullback, then a breakdown into the support zone
📉 Prediction: Price Outlook
✴️ Short-Term (1–3 Days):
A likely pullback to $106,000, then a drop toward $100,000–$99,000
If support fails to hold, next target is $96,000–$94,500
✴️ Bearish Breakdown Confirmation:
Candle close below $99,000 with high volume = clear sell signal
In this case, bears may aim for $92,000–$90,000 next
✴️ Bullish Scenario (Less Likely):
If price holds above $104,000 and breaks $108,000, next resistance: $110,500–$112,000
📊 Key Technical Zones
Zone Type Price Level (USDT) Note
Resistance $110,000–$112,000 Previous top, major supply zone
Short-Term Resistance $106,000–$107,000 Weak bounce, possible entry area for shorts
Current Price ~$104,376 Weak consolidation
Support Zone $99,000–$100,000 Key demand area
Breakdown Target $96,000–$94,000 If support fails
✅ Professional Outlook Summary
Market Bias: 📉 Bearish
Action Zone: 🔍 Watching $106K as potential short entry
Support Critical: $99K must hold, or deeper drop
Risk Level: ⚠️ High volatility likely
📆 Chart Context:
Published on: June 18, 2025
Instrument: Bitcoin (BTC) vs Tether (USDT)
Timeframe: Appears to be 4H or 1H based on candle width and structure
🧠 Market Structure
🔸 Lower Highs Forming
Clear rejection from around 110,000–112,000 USDT
A sequence of lower highs suggests bearish momentum
Market is failing to break previous highs, signaling potential reversal
🔸 Strong Support Zone
Marked between $99,000 – $100,000
This level has previously caused price reversals (see June 6 and 13 wicks)
Currently being tested again — buyers have defended this area twice
🔁 Price Action & Candlestick Behavior
Recent candles show indecision and weakness after a mild bounce
Wick rejections near $106,000–$107,000 point to supply zone
Projected path (gray curve) implies a small pullback, then a breakdown into the support zone
📉 Prediction: Price Outlook
✴️ Short-Term (1–3 Days):
A likely pullback to $106,000, then a drop toward $100,000–$99,000
If support fails to hold, next target is $96,000–$94,500
✴️ Bearish Breakdown Confirmation:
Candle close below $99,000 with high volume = clear sell signal
In this case, bears may aim for $92,000–$90,000 next
✴️ Bullish Scenario (Less Likely):
If price holds above $104,000 and breaks $108,000, next resistance: $110,500–$112,000
📊 Key Technical Zones
Zone Type Price Level (USDT) Note
Resistance $110,000–$112,000 Previous top, major supply zone
Short-Term Resistance $106,000–$107,000 Weak bounce, possible entry area for shorts
Current Price ~$104,376 Weak consolidation
Support Zone $99,000–$100,000 Key demand area
Breakdown Target $96,000–$94,000 If support fails
✅ Professional Outlook Summary
Market Bias: 📉 Bearish
Action Zone: 🔍 Watching $106K as potential short entry
Support Critical: $99K must hold, or deeper drop
Risk Level: ⚠️ High volatility likely
Trade active
Trade ActiveTrade closed manually
Forex Market Analyst | XAU/USD Specialist
. VIP Signal Channel for Premium Insights
. Comprehensive Forex Mentorship Program
. Affiliate Program for growth-driven partners
Join Our Telegram t.me/Goldsignalspro12
. VIP Signal Channel for Premium Insights
. Comprehensive Forex Mentorship Program
. Affiliate Program for growth-driven partners
Join Our Telegram t.me/Goldsignalspro12
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.
Forex Market Analyst | XAU/USD Specialist
. VIP Signal Channel for Premium Insights
. Comprehensive Forex Mentorship Program
. Affiliate Program for growth-driven partners
Join Our Telegram t.me/Goldsignalspro12
. VIP Signal Channel for Premium Insights
. Comprehensive Forex Mentorship Program
. Affiliate Program for growth-driven partners
Join Our Telegram t.me/Goldsignalspro12
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.