Analysis of Bitcoin (BTC) as of June 1, 2025 using the Fibonacci Retracement, Moving Averages (MA), and Wyckoff Method – all applied to the 1D and 4H timeframes.



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📐 1. Fibonacci Retracement Analysis

After BTC peaked at $111,924 and retraced to a recent low near $103,000, key Fibonacci levels are:

0.236: ~$105,770 → immediate short-term resistance.

0.382: ~$107,500 → potential retest zone if upward momentum continues.

0.618: ~$109,700 → key level for bullish confirmation.

Conclusion: BTC is bouncing near the 0.236 level and attempting to reclaim bullish territory. A break above $107,500 (0.382) would strengthen the case for recovery.

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📊 2. Moving Averages (MA) Analysis

50-day MA: Currently near $102,800, serving as dynamic support.

200-day MA: Near $95,000, indicating long-term uptrend still intact.

Golden Cross: Still active since earlier in May – bullish signal.

4H Timeframe:

Price is attempting to hold above the 20 EMA, a short-term bullish sign.

50 EMA is flat → market is indecisive; watching for breakout above $106,000.

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🧱 3. Wyckoff Method (Phase C/D)

BTC appears to be in the "Phase D" of Accumulation:

Spring/Shakeout already occurred near $103,000.

Now showing signs of Last Point of Support (LPS).

If it breaks above $106,000 and holds, it would confirm Sign of Strength (SOS).

Volume Profile: Slight increase in buying volume near $103,000 indicates absorption of selling pressure.

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✅ Summary: What Should You Do Now?

📌 If you're holding: Stay patient. As long as BTC holds above $103K, the bullish structure is intact. Watch for breakouts above $106K.

📌 If you're buying: DCA (dollar-cost average) zones:

Strong entry: $102,500 – $103,500 (support zone).

Confirmation buy: Above $106,000 (breakout confirmation).

📌 Stop-Loss Suggestion: Below $101,800 (under swing low).
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JamesNguyenvip
· 06-01 16:16
Bull Run 🐂
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JamesNguyenvip
· 06-01 00:34
Thank you for sharing, wish you a successful trading day.
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