Bitcoin (BTCUSD) price achieves the first target - Today's forecast 06-01-2025
Bitcoin (BTCUSD) price was able to touch our first expected target at $99000.00, and shows additional positive trades with the opening of today to confirm the continuation of the bullish trend control during the coming period, noting that our next targets are at $102000.00 and extend to $105100.00.
The 50 moving average continues to support the proposed bullish wave, which will remain in place unless the $95195.00 level is broken and stabilized below it, as breaking it will pressure the price to make an additional bearish correction in the immediate and short term.
The expected trading range for today is between the support $97000.00 and the resistance $103500.00
Price forecast for today: High $BTC