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🚀 Bitcoin Blasts Through $105K — Is the Bull Run Reigniting

koinmilyoner

Updated at: 3 hours ago

{"content":"🚀 Bitcoin Blasts Through $105K — Is the Bull Run Reigniting? Bitcoin began a rebound over $105,000. BTC is stabilizing and may break $106,500. Above $105,000, Bitcoin began a rebound. The price is over $105,000 and the 100-hour SMA. The hourly BTC/USD chart shows a bullish trend line with support at $105,350. Breaking the $104,000 support zone might restart the downturn. Bitcoin Price Restarts Rise Bitcoin fell below the $102,500 support zone. BTC traded around $100,000 before the bulls emerged. After a low, the price rose over $103,500. Bulls broke $105,000 resistance. Price is consolidating gains above the 23.6% Fib retracement line of the upward advance from the $100,400 swing low to the $106,426 high. Bitcoin is over $105,000 and the 100-hour SMA. The hourly BTC/USD chart shows a bullish trend line with support at $105,350. Near $106,200 is immediate upward barrier. First major resistance is around $106,500. The next hurdle may be $107,600. A closing above $107,600 resistance might boost prices. The price may soar to $108,800 resistance. Further advances might push the price beyond $110,000. Another BTC Drop? Bitcoin may fall again if it fails to break $106,200. Near $105,200 and the trend line is immediate support. The first key support is at $103,500, the 50% Fib retracement level of the $100,400 swing low to $106,426 high. The next support is at $102,000. More losses might push the price beyond $100,500. BTC may go below $100,000, the primary support. The technical indications The MACD is rising in the positive zone. Relative Strength Index hourly BTC/USD RSI is over 50. Major Support Levels: $105,200, $103,500. Major Resistance: $106,200, $107,600. #TrumpTariffs #TrumpVsMusk #BTC $BTC ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025062025/06/09/67cb08a960b84d2db7b151905fda2ad6.png"],"tags":[],"tradingPairs":["BTC/USDT"],"quotearticleid":0}

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