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Bitcoin Technical Analysis Report – 9th June 2025

  • Bitcoin price hovered around $105,500 as optimism grew that the recent correction may have ended.
  • BTC recovered from $100,500 to approach its weekly opening levels, renewing bullish sentiment among traders.
  • Analysts draw parallels between Bitcoin's current market structure and gold's early 2000s breakout, suggesting a potential $150,000 target.
  • BTC traded at $105,550, with key support levels at $100,000 and $90,000, requiring a clear break above the all-time high of $111,980 to rally further.

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