BTC TRrade Plan 08/06/2025Dear 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.
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Regards,
Alireza!
