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Forecast update for Bitcoin -03-06-2025
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Forecast update for Bitcoin -03-06-2025
Jun 3, 2025 4:50 AM

The price of (BTCUSD) rose slightly in its recent intraday trading, surrendered to the negative pressure after reaching the resistance of its EMA50, accompanied by retesting the critical resistance level at $106.550, amid the dominance of the bearish correctional trend on the short- term basis and its trading alongside a bias line, besides the emergence of the negative signals on the (RSI), after reaching overbought levels, which increases the negative pressure on the upcoming trading, especially that it suggest the beginning of forming negative divergence.

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