Key points:
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Bitcoin works to finish a “successful” support retain as traditional bets increase before the weekly candle is closed.
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BTC price volatility is expected because the analysis of liquidity shows that the conditions promote significant significant pressure.
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$ 100,000 remains a probable target in the event of a drop in fresh price.
Bitcoin (BTC) owned $ 105,500 towards the weekly fence of June 8, 8 in the middle of the hope that the price correction of the BTC was finished.
The risk of Bitcoin liquidation increases as price coils at $ 105,000
Cointelegraph Markets Pro and TradingView data showed BTC / USD selling its rebound after a $ 100,500 trip on June 5.
Now almost back at its level weekly open level, Bitcoin has again inspired traders to bet on the upward continuation and the resumption of the Bull Run.
“On the daily delay, Bitcoin presents signs of breeze of its downward trend of two weeks (light blue) while transforming it into support earlier in the day,” said Rekt Capital, a merchant and popular analyst, when downloading a graph with key levels.
“The daily closure and the ~ $ 106,600 (black) remedy would be even better to allow the trend.”
BTC Price Action had already reached a daily fence above its simple mobile average (SMA) – something that his colleague Trader Superbro had said was a prerequisite for “invalidating the case of the bear”.
$ BTC still has to recover the 10 mA and H&S neckline on a closing base to invalidate the bear case
Until then, this is not the place where becoming aggressive with long, time because it was the retest of the FVG and 50 Ma, when you were so sure that it was everywhere 😂 pic.twitter.com/taeg3wzgom
– Super ฿ RO (@SuperBitcoinbro) June 7, 2025
Trader Case Abbe has wanted to control the liquidity of the book for the indices on the price management.
This was based both above and below the cash price, which led Abbe to predict a moving style movement to “grasp” it.
“BTC Liquidation Cluster now reports an upward movement,” he summed up on X.
“If BTC pumps 10% here, $ 15.11 billion in shorts will be liquidated. In the meantime, a decrease movement of 10% liquid will $ 9.58 billion long. ”
Abbe noted that negative financing rates indicated that “big short positions” appear during the weekend.
“I think the BTC Big Move is coming next week, may be pushing it over $ 109,000 at $ 110,000,” he concluded.
$ 104,400 now the key level of the weekly
Some have seen the potential of new support for support.
In relation: Bitcoin approaches $ 105,000 while Donald Trump requires a drop in the Fed ‘Point’ ‘rate’ ‘
The update of X subscribers on its market forecasts, the popular Crypnuevo Merchant has seen the logical place to build long BTC positions at $ 100,000.
“100K is the strongest psychological support, therefore, as explained on Sunday, this is the area where I build long with easy invalidation below,” he wrote, referring to his previous objective to mark the $ 100,000 mark.
Rekt Capital A while waiting for support for support after the summits of all May’s time on weekly deadlines as “successful”.
“Can Bitcoin confirm this retest with a weekly fence greater than $ 104,400 for what would be a 4th consecutive week?” asked.
This article does not contain investment advice or recommendations. Each investment and negotiation movement involves risks and readers should conduct their own research when they make a decision.
