đ¸ BTCUSDT Daily Analysis â June 9, 2025
Bitcoin (BTCUSDT) is currently trading in a bearish structure on the H4 timeframe, showing continued downside momentum. Today’s analysis highlights key levels for potential trade setups based on price action and volume confirmation.
đģ Bearish Scenario â Short Setup
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Key Resistance Level: 106,800
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This is a significant resistance zone aligning with the bearish structure.
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Watch for price rejection or confirmation of weakness near this area.
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Entry: Consider short positions near 106,800
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Stop Loss: Above 107,000
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Take Profit: Target the next swing low zone between 101,500 â 102,000
đē Bullish Scenario â Breakout & Pullback Setup
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If BTC breaks and closes above 107,000, avoid instant entry.
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Wait for a pullback to the RBS (Resistance Become Support) zone at 107,000
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Entry: Upon confirmation of support at 107,000
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Take Profit: Aim for 110,000 level
â ī¸ Important Note:
đ No entry should be taken without volume confirmation.
â Wait for one or more of the following volume-based confirmation signals:
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TBR (Trap Break & Reverse)
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Shakeout Test
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EVR (Effort vs. Result)
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Climactic Action Bar
đ These volume concepts are core principles of MJ FOREX ACADEMY and must be followed for every trade setup.
đ Summary:
| Bias | Key Level | Strategy | SL | TP Range |
|---|---|---|---|---|
| Bearish | 106,800 | Short on rejection | >107,000 | 101,500 â 102,000 |
| Bullish | >107,000 | Long on pullback to RBS | Below RBS | 110,000 |
Risk Management:
Always use a Stop Loss and manage your risk per trade. No confirmation = No entry.