As of June 11, 2025, Bitcoin (BTC) has recovered to the $109,800 range against the U.S. Dollar (USD), reaching a critical point just below the psychological threshold of $110,000. The recent upward move is supported by multiple technical analysis indicators, suggesting potential for a breakout.
This article provides a comprehensive view of upcoming market scenarios and trading strategies using major indicators such as moving averages (MA), MACD, ADX, and trading volume.
Source: cTrader Platform (BTC/USD 1-Hour Chart)
The price is currently above both the short-term MA (50-period, blue) and long-term MA (200-period, red), providing clear evidence of an uptrend. In particular, the MA50 is crossing above the MA200, hinting at a golden cross. This reflects increasing buying pressure and supports a medium-term bullish bias.
The MACD line (yellow) is currently approaching the signal line (red), and a crossover could signal a new buying opportunity. The histogram is also flattening from negative territory, indicating a halt in the weakening momentum.
The ADX (green line) is ranging between 60–70, suggesting a strong market trend. When the ADX is above 50, the market is considered to have a strong directional bias, increasing the effectiveness of trend-following trades.
A slight increase in volume was observed as the price broke through the $109,000 level. This breakout with volume confirms heightened market interest. The stronger the breakout, the more likely investor sentiment will shift positively toward the continuation of the uptrend.
Level | Price | Description |
---|---|---|
Short-Term Resistance | $110,000 | Psychological level and previous reversal point |
Support ① | $108,500 | Overlaps with 50MA, potential pullback zone |
Support ② | $107,000 | At 200MA, historical high-volume area |
Support ③ | $106,000 | Medium-term buying support zone |
The technical indicators overall suggest a continuation of the uptrend, with particular attention on the high ADX reading. The market is currently at a psychological tipping point around $110,000.
Short-term traders should watch volume and MACD crossovers, while swing traders should focus on the MA and ADX. The recovery of momentum and confirmation of a breakout will be key to shaping strategies for BTC/USD.
When making investment decisions, it's important to consider risk management practices.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. All trading decisions should be made at your own discretion and risk.
BTC/USD is trading just below the $110,000 level, with major technical indicators signaling a potential continuation of the uptrend. This analysis focuses on the breakout potential based on MACD and ADX signals.
Superior trade execution & trading conditions with the NDD method.
The online FX industry provides a platform for investors worldwide to engage in the buying and selling.
Subscribe to our daily newsletter and get the best forex trading information and markets status updates
Trade within minutes!
Comment (0)