Todays #Bitcoin Analysis is similar to yesterday. Basically of price touches 110k today, take shorts.. If it goes near 106k, take longs!

Here's the details technicals

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🧠 1-Day #BTC Trade Analysis (June 11, 2025)

1. Key Indicators

RSI (14‑hr): ~75 — Overbought, suggestive of a short-term pullback

MACD (1‑day): Bearish signal-line crossover; histogram weakening — momentum waning

Bollinger Bands (Daily): Bands tightening near upper band (~$110K), low volatility pre-breakout

Volume: Declined vs. prior highs — buying interest fading

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2. Price Structure & Candlestick Insights

Clear rejection candles at ~$112K resistance — lower highs forming

Support layers identified at $105K key zone and $103K 0.236 Fib level

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3. High-Probability Setup – Short Bias

Item Level / Range

Entry $110,000–110,300 (rejection)
Stop‑Loss $112,200 (above swing high)
Target 1 $105,000
Target 2 $103,000
R/R Ratio T1 ≈ 2.25 : 1 • T2 ≈ 3.25 : 1

Trigger: Bearish MACD crossover + overbought RSI + candlestick rejection near resistance.

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4. Alternative – Long Bounce

Item Level / Range

Entry $105,200–105,500 (support test)
Stop‑Loss $104,800
Target 1 $108,000
Target 2 $110,300
R/R Ratio T1 ≈ 2.0 • T2 ≈ 3.0

Trigger: Hammer or bull candle bounces off $105K, RSI cooling from overbought.

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5. Market Sentiment & Macro Drivers

Investor sentiment: Tentative — BTC nearing all-time highs (~$112K), but lacking catalyst for fresh breakout

Macro factors:

U.S. inflation data release imminent — elevated volatility expected

Ongoing U.S.–China trade tensions provide occasional risk-off moments

Institutional flows: Continued accumulation, ETF activity stable

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6. Trade Plan Overview

Primary bias: Short — with defined levels and superior R/R

Tactical note: Use tight sizing—BTC still capable of 2–4% intraday swings

Execution guidance: Consider scaling out at T1, trail stop on remainder

Volatility watchpoint: U.S. inflation print may override technicals
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✅ Summary Table

Trade Entry SL T1 T2 R/R

Short 110,000–110,300 112,200 105,000 103,000 2.3–3.3:1
Long 105,200–105,500 104,800 108,000 110,300 2.0–3.0:1

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XT/Alert:

Monitor volume confirmation on entry candlestick

Watch U.S. CPI report timing — intraday risk spike

Be ready to pivot if abrupt macro shift occurs

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Bottom Line:
The short setup near $110K is preferred given confluence of RSI/MACD/Bollinger rejection. A bounce from $105K offers a lower-risk counter-trade if validated by candlestick action and cooling momentum.