đ BTC/USDT Update â Price Holds Above $105K
đď¸ June 3, 2025 | Binance Square News
Bitcoin (BTC) is showing signs of stabilization, currently trading at $105,300 (+0.94%), after testing a daily low of $103,659.88 and a high of $106,500.
đ Key Technicals:
EMA(7): $105,822.55 â Price is slightly below the short-term trend line.
EMA(25): $104,616.69 â Suggests underlying support.
MACD: Bearish at -876.22, indicating continued downside pressure.
Volume: 24h volume at 13,190 BTC shows strong activity.
đ Momentum: The MACD line remains below the signal, and the histogram shows decreasing bullish momentum.
đ Support/Resistance:
Support: $102,500
Resistance: $107,581
đŹ Traders are watching closely for a potential breakout above $107K or a consolidation near the $104K zone. Tight ranges suggest a decisive move could be near.
đ˘ Whatâs Next?
A clean breakout above the 7-day EMA could shift sentiment, but continued bearish MACD may limit upside without a strong volume push.
