BTCUSD Daily Market Analysis—June 3, 2025

Introduction

Welcome to the comprehensive analysis of the BTCUSD currency pair! As of the latest market update, Bitcoin is trading at 105,427 USD. This analysis will examine both the daily and 4-hour time frames, employing various technical indicators, including Fibonacci Retracement Levels, Exponential Moving Averages (EMA), RSI divergence, and more. Our objective is to equip you with a thorough understanding of the current market conditions and potential trading opportunities.

Market Overview

The BTCUSD pair continues to attract attention from traders and investors alike due to its volatility and growth potential. Understanding the current market dynamics through technical indicators is crucial for making informed trading decisions.

Current Price

• BTCUSD Live Price: 105,427 USD 💰
  

Technical Analysis

Support & Resistance Levels

Daily Time Frame

• Support Levels:

  • Support 1: 103,500 📉

  • Support 2: 102,000 📉

  • Support 3: 100,000 📉
    

• Resistance Levels:

  • Resistance 1: 106,500 📈

  • Resistance 2: 108,000 📈

  • Resistance 3: 110,000 📈
    

4-Hour Time Frame

• Support Levels:

  • Support 1: 105,000 📉

  • Support 2: 104,000 📉

  • Support 3: 103,500 📉
    

• Resistance Levels:

  • Resistance 1: 106,000 📈

  • Resistance 2: 107,500 📈

  • Resistance 3: 108,500 📈
    

Fibonacci Retracement Levels

Using the swing high of 112,000 and swing low of 103,127, the Fibonacci retracement levels are as follows:

• 23.6%: 106,054

• 38.2%: 106,786

• 50.0%: 107,063

• 61.8%: 107,340

These levels provide essential areas of support and resistance for traders to monitor. 📏

Exponential Moving Averages (EMA)

Daily Time Frame

• EMA 50: 104,500 📊

• EMA 100: 103,800 📊

• EMA 200: 102,500 📊

• EMA 400: 100,000 📊
  

4-Hour Time Frame

• EMA 50: 105,200 📊

• EMA 100: 104,800 📊

• EMA 200: 104,000 📊

• EMA 400: 103,500 📊
  

The EMAs indicate the overall trend direction, with shorter-term EMAs responding more quickly to price fluctuations.

RSI Divergence

The Relative Strength Index (RSI) is currently showing a divergence on the daily chart. While the price is making lower highs, the RSI is forming higher lows, suggesting potential bullish momentum. This divergence may indicate an upcoming reversal or correction. 📈🔄

Order Blocks

Order blocks are areas where significant buying or selling has occurred. On the daily chart, we identify an order block around 104,500, which could act as a strong support zone. Monitoring price action around this level will be crucial for determining future movements. 📦

MACD Analysis

The Moving Average Convergence Divergence (MACD) is currently showing bullish momentum as the MACD line is above the signal line. This suggests that buyers are in control, but traders should remain cautious of potential pullbacks. ⚖️

Summary of Key Levels

Daily & 4-Hour Support and Resistance

• Daily Support Levels: 103,500, 102,000, 100,000

• Daily Resistance Levels: 106,500, 108,000, 110,000

• 4-Hour Support Levels: 105,000, 104,000, 103,500

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

Exponential Moving Average (EMA) Levels

• Daily EMA Levels:
  

  • EMA 50: 104,500

  • EMA 100: 103,800

  • EMA 200: 102,500

  • EMA 400: 100,000
    

• 4-Hour EMA Levels:
  

  • EMA 50: 105,200

  • EMA 100: 104,800

  • EMA 200: 104,000

  • EMA 400: 103,500
    

Weekly Pivots

• Weekly Pivot 1: 106,000

• Weekly Pivot 2: 105,500

• Weekly Pivot 3: 104,500
  

Daily Pivots

• Daily Pivot 1: 105,800

• Daily Pivot 2: 105,300

• Daily Pivot 3: 104,800
  

Fibonacci Retracement Levels

• 23.6%: 106,054

• 38.2%: 106,786

• 50.0%: 107,063

• 61.8%: 107,340
  

Fundamental Analysis and Upcoming USD News

In addition to technical analysis, understanding fundamental factors is crucial for trading decisions. This week, keep an eye on the following upcoming USD news:

• Consumer Confidence Index (CCI): Scheduled for June 5, 2025. This report provides insights into consumer sentiment and can significantly impact USD valuation. 📊

• Federal Reserve Interest Rate Decision: Expected on June 14, 2025. Changes in interest rates can lead to increased volatility in the BTCUSD market. 📅

These events can result in significant price movements, making it essential for traders to stay informed. 🔍

Conclusion

Today's analysis of the BTCUSD currency pair highlights key technical levels and indicators that traders should monitor closely. With the current price at 105,427 USD, understanding support and resistance levels, EMAs, and upcoming economic news will be vital for making informed trading decisions.