Technical Analysis of BTC/USDT Futures - 27 06 2025

[Bitcoin]

**Technical Analysis of BTC/USDT Futures - 27 June 2025** 

 **1. Market Overview** 
As of **27 June 2025**, Bitcoin (BTC) is trading at: 
- **Spot Price:** $107,122.81 
- **Futures Price:** $107,059.00 
- **24h Change:** -0.68% 
- **Daily High:** $108,272.45 
- **Daily Low:** $106,438.33 

The market is showing slight bearish momentum, with BTC struggling to hold above the $107,000 level. The futures price is trading slightly below spot, indicating mild bearish sentiment among traders. 

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 **2. Technical Analysis** 

 **Key Indicators** 
- **SMA (50):** $107,219.29 (resistance) 
- **EMA (50):** $106,879.45 (support) 
- **RSI (14):** 50.01 (neutral) 
- **MACD:** -54.88 (bearish momentum) 

 **Additional Indicators** 
- **Fibonacci Retracement (from recent swing high $108,272 to low $106,438):** 
  - **38.2%:** $107,150 (key resistance) 
  - **50%:** $107,355 (strong resistance) 
  - **61.8%:** $107,560 (breakout zone) 
- **Bollinger Bands (20,2):** 
  - **Upper Band:** $108,125 (resistance) 
  - **Lower Band:** $105,980 (support) 
  - Price is near the middle band, suggesting consolidation. 
- **ATR (14):** $1,200 (moderate volatility) 
- **VWAP:** $106,950 (support level) 
- **Elliott Wave Analysis:** 
  - BTC appears to be in a corrective **Wave 4** after a strong uptrend. 
  - A break below $106,000 could signal a deeper correction toward $104,500. 
  - A reclaim of $108,300 could indicate the start of **Wave 5** upward. 

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 **3. Trading Strategy** 

 **Short-Term Outlook (1-3 Days)** 
- **Bias:** Neutral to slightly bearish 
- **Key Levels:** 
  - **Support:** $106,400 (EMA 50), $105,980 (Bollinger lower band) 
  - **Resistance:** $107,150 (Fibonacci 38.2%), $108,125 (Bollinger upper band) 

 **Trade Recommendations** 
1. **Short Position (Bearish Scenario)** 
   - **Entry:** $107,100 (below SMA 50) 
   - **Stop Loss:** $107,800 (above Fibonacci 38.2%) 
   - **Take Profit:** $106,000 (support zone) 
   - **Risk/Reward Ratio:** 1:1.5 

2. **Long Position (Bullish Breakout)** 
   - **Entry:** $108,300 (above resistance) 
   - **Stop Loss:** $107,500 (below VWAP) 
   - **Take Profit:** $110,000 (psychological level) 
   - **Risk/Reward Ratio:** 1:2 

 **Position Sizing** 
- **Risk per trade:** 1-2% of capital 
- **Leverage:** 3x-5x (moderate risk) 

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 **4. Fundamental Analysis** 
- **Market Sentiment:** Institutional interest remains strong, but short-term profit-taking is causing minor pullbacks. 
- **Key News Impact:** 
  - **N/A** (Impact: N/A) 
  - **N/A** (Impact: N/A) 
  - **N/A** (Impact: N/A) 
- **Price Forecast:** Analysts remain bullish long-term, with targets above $120,000 by Q3 2025. 

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 **Conclusion** 
BTC is in a consolidation phase with a slight bearish bias. Traders should watch **$106,400** as critical support and **$108,300** as a breakout level. A decisive move in either direction will dictate the next trend. 

**Disclaimer:** *This analysis is for informational purposes only and does not constitute financial advice. Please conduct your own research before making investment decisions.*