
Daan Crypto Trades|Jun 06, 2025 14:34
BTC Range to watch for the next week(s).
Relatively large move early in the month which is something we see a lot.
Price roughly at the mid range with the monthly open sitting at 104.6K.
I think it's pretty safe to assume that these range high/lows are good triggers for whatever larger trend follows.
Below yesterday's lows at ~100K and I think we'll keep trending down for another 1-2 weeks as that'd really show weakness and confirm a larger correction is due.
But if price trades back above the monthly highs, the correction is more likely to be over and there's a good likelihood that we head to all time highs and beyond.
Good chance we range around this area for a while though, without any of these levels breaking. So don't get chopped up.
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