Bitcoin Short Term: bullish bias above 100000
Jun 9, 2025 8:00 AM
long positions above 100000 with targets at 118000 & 130000 in extension.
Pivot: 100000
Our preference:
long positions above 100000 with targets at 118000 & 130000 in extension.
Alternative scenario:
below 100000 look for further downside with 93000 & 88000 as targets.
Comment:
a support base at 100000 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
133780
130000
118000
105636 Last
100000
93000
88000
Our preference:
long positions above 100000 with targets at 118000 & 130000 in extension.
Alternative scenario:
below 100000 look for further downside with 93000 & 88000 as targets.
Comment:
a support base at 100000 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
133780
130000
118000
105636 Last
100000
93000
88000
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