Analysis $BTC 06/01/2025
#BTC, it couldn't get any better than this, friends, we had a good reaction from Bitcoin today and once again it followed our plan, reaching $100K this Monday and going a little higher than that.
I would expect to finish these last 10 minutes that are still left of this current 4h candle, but it seems to me that the game has been decided here, and we will close above the blue band (around $101,100). This close is leaving a small retest of the blue band, but I still think we should have some more retest there before we continue to rise.
A successful retest of the blue circle would definitely put us on a straight line to $105k, and I think we will do that, but I would like to see some delay in that area, so it would make it easier for the $BTC Dominance to fall further and form a bearish retest at 57.50%, that would be very good for #altcoin .
Interesting movement of the BEARS around $100k, most of them pulled out their big orders before they were hit, so they are still here, but the clear advantage is with the BULLS, it will be interesting to see this fight during the week for this area of the chart.
Things are extremely bullish and many people will change their lives in this bull cycle with some good Altcoins, so that is fantastic.
A close above the blue band is what we need and what we will get, so let's keep an eye on the Economic data this week, it will determine how quickly we will reach $108K.
An interesting move here is that the big BEARS are allocating themselves to $110K, it is true that $105k is still being defended, but all the attention of the Big Bears seems to be turning higher. It will be an interesting week!
HIGHER!
* If you have any questions, don't hesitate, go to my INSTA (it's in the fixed image of my profile here), call me and ask your question.
