🧾 7 June 2025 – BTC/USD Technical Analysis Report (Daily Chart)
📊 Chart Overview
%20RESIZE%20BTC.PNG "7 June 2025 BTC/USD Technical Analysis – Daily Price Chart Breakdown")
• Asset Name: Bitcoin (BTC/USD)
• Chart Type: Daily Candlestick
• Trend: Medium-Term Uptrend, Short-Term Pullback
• Indicators: EMA 50 (blue), EMA 200 (blue), Candlesticks
• Last Visible Price (approx.): $104,348
• Timeframe Analyzed: ~7 months (Nov 2024 – Jun 2025)
📌 Note: This study report is for personal use only
for maintaining records. It is not a trading suggestion or
financial advice for anyone.
🧘♂️ Novice Trader Reminder for Today:
“Sideways markets test your patience, not your
intelligence.”
Wait for clear confirmation before
entering. Protect your capital by avoiding impulsive buys under resistance.
Here is your beginner-friendly BTC/USD
Daily Technical Report using ONLY the uploaded chart image (no live data):
📈 Trend Analysis
• BTC/USD remains in a medium-term uptrend, climbing from under $70,000
to over $105,000.
• Current price is above both EMA 50 and EMA 200, indicating bullish
strength.
• Recent pullback from ~$107,000 shows a short-term retracement, now
rebounding.
• BTC/USD remains in a medium-term uptrend, climbing from under $70,000
to over $105,000.• Current price is above both EMA 50 and EMA 200, indicating bullish strength.
• Recent pullback from ~$107,000 shows a short-term retracement, now rebounding.
🔁 Support & Resistance Zones
• Immediate Support: ~$101,000 (recent low and wick area)
• Major Support: ~$92,000 (200 EMA base + structure)
• Immediate Resistance: ~$107,500 (recent rejection zone)
• Major Resistance: ~$115,000 (previous high)
• Immediate Support: ~$101,000 (recent low and wick area)• Major Support: ~$92,000 (200 EMA base + structure)
• Immediate Resistance: ~$107,500 (recent rejection zone)
• Major Resistance: ~$115,000 (previous high)
🧭 Moving Averages Insight
• EMA 50 (short-term): ~104,349 (flat, price near this level)
• EMA 200 (long-term): ~88,882 (rising, strong bullish base)
• No recent golden cross (it occurred much earlier).
• Price is bouncing off EMA 50, suggesting buyers defending trend.
• EMA 50 (short-term): ~104,349 (flat, price near this level)• EMA 200 (long-term): ~88,882 (rising, strong bullish base)
• No recent golden cross (it occurred much earlier).
• Price is bouncing off EMA 50, suggesting buyers defending trend.
📉 Candlestick Pattern Insight
• Most recent candle is a large green candle after red, signaling a bullish
rejection of lower prices.
• Reversal attempt visible — suggests bulls returning after dip.
• No strong wick on the top = buyers in control at close.
• Most recent candle is a large green candle after red, signaling a bullish
rejection of lower prices.• Reversal attempt visible — suggests bulls returning after dip.
• No strong wick on the top = buyers in control at close.
🔊 Volume Insight
• Volume not visible on chart — be cautious, confirm with volume before
trading.
• Use external tools for conviction signals if needed.
• Volume not visible on chart — be cautious, confirm with volume before
trading.• Use external tools for conviction signals if needed.
🗣️ Beginner Commentary
Bitcoin appears to be pulling back within an overall uptrend.
The recent bounce from near $101,000 shows support holding. Price
remains above key moving averages, which is a good sign.
However, since it's just rebounding after a dip, it’s safer to wait for
confirmation (like a second green candle or volume surge).
Bitcoin appears to be pulling back within an overall uptrend.The recent bounce from near $101,000 shows support holding. Price remains above key moving averages, which is a good sign.
However, since it's just rebounding after a dip, it’s safer to wait for confirmation (like a second green candle or volume surge).
Bitcoin appears to be pulling back within an overall uptrend.
The recent bounce from near $101,000 shows support holding. Price remains above key moving averages, which is a good sign.
However, since it's just rebounding after a dip, it’s safer to wait for confirmation (like a second green candle or volume surge).
⚠️ Don't chase the bounce blindly — let price show strength.
🧠 Mindset Tip:
“Wait for clarity. Uncertainty is part of the game.”
“Wait for clarity. Uncertainty is part of the game.”📘 Swing Trading Setup: BTC/USD
|
Entry Type |
Entry Zone |
Trigger Condition |
|
Aggressive Buy |
$103,000 – $104,500 |
Green candle after red near EMA 50 |
|
Safe Buy |
$105,500 – $106,200 |
Bullish close above resistance with volume |
|
Stop Loss Type |
Price Level |
Logic |
|
Hard Stop Loss |
$100,000 |
Below recent swing low |
|
Trend Stop Loss |
$92,000 |
Below EMA 200 / major support |
🎯 Profit Targets
• Target 1: $107,500 – local resistance
• Target 2: $110,000 – round number + minor structure
• Final Target: $115,000 – previous major high
📊 Risk-Reward Example
• Entry @ $104,500
• SL @ $100,000
• Target @ $110,000
→ RR = 1.38:1 ✅ (Risking $4.5k to gain $5.5k)
🧠 Trader's Rule of Thumb
“Avoid FOMO entries — strong setups repeat often.”
“Avoid FOMO entries — strong setups repeat often.”📌 Expert Additions
- Chart Reading Tip: Watch
if the EMA 50 starts to slope upward again — that confirms trend
continuation.
- Trade Management Rule: Book partial
profits at Target 1, trail the rest for bigger move.
📎 Visual Chart Breakdown (Text Labels)
• “Support zone around $101,000 – watch for bounce”
• “EMA 200 acting as long-term bullish base”
• “Price recently rejected from $107,500”
• “Green candle trying to reclaim short-term control”
• “Support zone around $101,000 – watch for bounce”• “EMA 200 acting as long-term bullish base”
• “Price recently rejected from $107,500”
• “Green candle trying to reclaim short-term control”
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