[Breaking] BTC/USD Clearly Breaks Through $109,000! In-Depth Technical Analysis of the Bullish Trend Toward $112,000!

BTC/USD Technical Analysis (1-Hour Chart): Breaks Above $109,000 – What’s the Next Key Level?

Market Overview and Current Price Movement

As of June 10, 2025, BTC/USD (Bitcoin/US Dollar) has broken through the key resistance at $109,000, signaling a strong bullish trend as it approaches the $110,000 level. This move is supported by increasing buying pressure and a series of bullish signals from short- to mid-term technical indicators.

This analysis uses technical analysis to evaluate market direction and sentiment through moving averages, MACD, ADX, and newly introduced indicators like RSI (Relative Strength Index) and On-Balance Volume (OBV).

RSI Analysis: Useful for Identifying Overbought Conditions and Pullbacks

The RSI quantifies the strength of recent price movements, with readings above 70 indicating overbought conditions and below 30 indicating oversold. Currently, RSI is fluctuating between 65–75, suggesting mild overheating but still useful for identifying buy-the-dip opportunities. Learn more about RSI.

OBV (On-Balance Volume): Volume-Based Trend Confirmation

OBV is a volume-based indicator that confirms the strength of trends. If OBV rises along with price, it indicates sustained momentum. In the current chart, OBV is moving in tandem with price, confirming underlying demand. See On-Balance Volume (OBV) for more.

Moving Averages (MA): Bullish Continuation with Potential Cross

The price is above both the 50MA (blue) and 200MA (red), setting up for a potential golden cross. These moving averages often act as support zones, so a pullback to the $108,000–$106,000 area may provide a buy opportunity. For details, see Moving Average.

MACD and Momentum: Buying Pressure Continues

The MACD line is above the signal line, and the histogram remains in positive territory. This is a strong bullish momentum signal, showing continued strength post-breakout. For more on momentum indicators, refer to Momentum.

ADX (Average Directional Index): Strong Trend Indicated

The ADX is near 70, indicating a very strong trend. While readings above 25 indicate trend strength, values around 70 may also signal overheating and the risk of a reversal.

Volume and OBV: High Confidence in Breakout

The surge in volume during the breakout above $109,000 adds confidence to the move, indicating a “volume-backed breakout.” OBV’s simultaneous rise supports this breakout’s credibility.

Key Support and Resistance Levels

Summary and Strategy Outlook

After breaking above $109,000, BTC/USD shows continued bullish momentum supported by multiple technical indicators. While RSI and ADX indicate potential overheating, the continued rise in OBV and volume, alongside MACD strength, suggests the uptrend is likely to persist.

Potential strategies include:

• Short- to mid-term dip buying: Enter after confirming a rebound around the $108,000–$106,000 zone
• Profit-taking: Gradually take profits around the $110,500–$112,000 range
• Risk management: Watch for ADX/RSI reversals or sharp drop in volume

Combining multiple indicators to clarify risk and reward can help build a solid trading plan.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Please conduct your own research and decision-making.

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