🔸 BTCUSDT Daily Analysis – 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.
🔻 Bearish Scenario – Short Setup
Key Resistance Level: 106,800
This is a significant resistance zone aligning with the bearish structure.
Watch for price rejection or confirmation of weakness near this area.
Entry: Consider short positions near 106,800
Stop Loss: Above 107,000
Take Profit: Target the next swing low zone between 101,500 – 102,000
🔺 Bullish Scenario – Breakout & Pullback Setup
If BTC breaks and closes above 107,000, avoid instant entry.
Wait for a pullback to the RBS (Resistance Become Support) zone at 107,000
Entry: Upon confirmation of support at 107,000
Take Profit: Aim for 110,000 level
⚠ Important Note:
📌 No entry should be taken without volume confirmation.
✅ Wait for one or more of the following volume-based confirmation signals:
TBR (Trap Break & Reverse)
Shakeout Test
EVR (Effort vs. Result)
Climactic Action Bar
📍 These volume concepts are core principles of MJ FOREX ACADEMY and must be followed for every trade setup.
📌 Summary:
Bias Key Level Strategy SL TP Range
Bearish 106,800 Short on rejection >107,000 101,500 – 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.