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BTCUSD Daily Market Analysis—June 10, 2025

  • Neom
  • Jun 10
  • 3 min read

Introduction

In the ever-evolving world of cryptocurrency, Bitcoin (BTC) continues to be a focal point for traders and investors alike. Today, we delve into the BTCUSD market with a live price of $109,412. This analysis will cover critical support and resistance levels, Fibonacci retracement levels, moving averages, and other essential indicators to provide a comprehensive view of the market dynamics on both daily and 4-hour time frames. 🚀

Market Analysis

Support and Resistance Levels

Daily Time Frame:

  • Support Level 1: $106,500

  • Support Level 2: $104,000

  • Support Level 3: $101,000

  • Resistance Level 1: $111,000

  • Resistance Level 2: $112,000 (Swing High)

  • Resistance Level 3: $115,000

4-Hour Time Frame:

  • Support Level 1: $108,000

  • Support Level 2: $107,500

  • Support Level 3: $106,000

  • Resistance Level 1: $110,000

  • Resistance Level 2: $111,500

  • Resistance Level 3: $112,500

Fibonacci Retracement Levels

Using the recent swing high of $112,000 and swing low of $100,426, we can identify key Fibonacci levels:

  • 23.6% Level: $106,500

  • 38.2% Level: $108,000

  • 50% Level: $106,800

  • 61.8% Level: $109,500

  • 78.6% Level: $110,200

These levels provide crucial insight into potential reversal points and areas of interest for traders. 📊

Exponential Moving Averages (EMA)

Daily Time Frame:

  • EMA 50: $108,500

  • EMA 100: $106,800

  • EMA 200: $104,600

  • EMA 400: $101,200

4-Hour Time Frame:

  • EMA 50: $109,000

  • EMA 100: $108,200

  • EMA 200: $106,800

  • EMA 400: $105,500

The EMAs indicate the trend's strength and direction, with the shorter-term EMAs responding more quickly to price changes. Traders often look for crossovers as potential buy or sell signals. 📈

RSI Divergence

The Relative Strength Index (RSI) is currently at 62, indicating that Bitcoin is approaching overbought territory. Traders should be cautious of potential price corrections if the RSI begins to diverge from the price action. A divergence may signal a weakening trend, prompting traders to reassess their positions. 📉

Order Blocks

Identifying order blocks can provide insights into potential price reversals or continuations. The following order blocks are notable:

  • Bullish Order Block: $106,500 to $107,000

  • Bearish Order Block: $111,000 to $111,500


These areas can serve as critical zones for potential price reactions, and traders should monitor them closely for entry or exit points. ⚖️

MACD Analysis

The Moving Average Convergence Divergence (MACD) indicator shows a bullish crossover, suggesting that bullish momentum may continue in the short term. The MACD histogram is positive, indicating that buyers are currently in control of the market. However, traders should remain vigilant for any signs of reversal as the price approaches resistance levels. 🔍

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Summary of Key Levels

Daily & 4-Hour Support and Resistance

  • Daily Support Levels: $106,500, $104,000, $101,000

  • Daily Resistance Levels: $111,000, $112,000, $115,000

  • 4-Hour Support Levels: $108,000, $107,500, $106,000

  • 4-Hour Resistance Levels: $110,000, $111,500, $112,500

Exponential Moving Average (EMA) Levels

  • Daily EMA Levels:

    • EMA 50: $108,500

    • EMA 100: $106,800

    • EMA 200: $104,600

    • EMA 400: $101,200

  • 4-Hour EMA Levels:

    • EMA 50: $109,000

    • EMA 100: $108,200

    • EMA 200: $106,800

    • EMA 400: $105,500

Weekly Pivots

  • Weekly Pivot 1: $107,500

  • Weekly Pivot 2: $108,500

  • Weekly Pivot 3: $109,500

Daily Pivots

  • Daily Pivot 1: $109,000

  • Daily Pivot 2: $109,500

  • Daily Pivot 3: $110,000

Fibonacci Retracement Levels

  • 23.6% Level: $106,500

  • 38.2% Level: $108,000

  • 50% Level: $106,800

  • 61.8% Level: $109,500

  • 78.6% Level: $110,200

Fundamental Analysis and Upcoming USD News

As we look ahead, several important USD news events could impact the BTCUSD market. Traders should keep an eye on the following:

  • Federal Reserve Interest Rate Decision: 📅 The upcoming Federal Reserve meeting will be critical, as any changes in interest rates can significantly affect market sentiment and the value of the USD against Bitcoin.

  • Inflation Reports: 📊 Scheduled inflation reports will also play a crucial role in shaping market expectations. Higher inflation could lead to increased interest in Bitcoin as a hedge against currency devaluation.

  • Employment Data Releases: 📈 Employment figures released this month will provide insights into the economic health of the U.S. and could influence trading strategies in the crypto market.


Traders should stay informed about these events, as they can create volatility and present trading opportunities in the BTCUSD market. 📅

Conclusion

In summary, the BTCUSD market is currently positioned at a critical juncture, with key support and resistance levels, Fibonacci retracement levels, and various indicators suggesting potential price movements. As traders navigate this dynamic environment, it is essential to remain vigilant and adapt strategies based on the evolving market conditions.

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