Bitcoin (BTC) Technical Analysis for the Week of Jue 10 -June 16

~~ Technical Analysis ~~

- Trend: Bitcoin is in a bullish trend on higher time frames (3-day and above), forming higher highs and higher lows. However, short-term signals are mixed, with some indicators suggesting consolidation or a potential pullback.

4-Hour Chart: Bullish, with the 50-day moving average (MA) sloping up, but the 200-day MA is sloping down since December 27, 2024, indicating a weaker short-term trend.

Daily Chart: Bullish, with the 50-day MA rising and below the current price, potentially acting as support. The 200-day MA has been rising since June 5, 2025, signalling a strong long-term trend.

Weekly Chart: Bullish, with the 50-day MA below the price and the 200-day MA sloping up since July 9, 2024.

Monthly Chart : Bullish which has a potential to hit All Time High

# Support, resistance and Targets marked in the chart for your reference


-- Disclaimer --

This analysis is based on recent technical data and market sentiment from web sources. It is for informational purposes only and not financial advice. Trading involves high risks, and past performance does not guarantee future results. Always conduct your own research or consult a SEBI-registered advisor before trading.

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