empty
05.06.2026 07:36 PM
Trading Signals for BTC/USD on June 5-30, 2026: buy above $60,000 (21 SMA - rebound)

This image is no longer relevant

Bitcoin is trading around $60,532, reaching price levels last seen in February 2006 when it hit $59,735. Bitcoin could reach this low in the coming hours. If a technical bounce occurs, it could form a double bottom pattern, which would signify a sustained recovery in the short term.

The daily Bitcoin chart shows that it has reached oversold levels, and a recovery is technically expected in the coming hours.

Bearish pressure will continue over the next few days, so if a technical bounce occurs towards the strong Murray 2/8 support zone located around $68,750, the instrument could resume a bearish cycle.

Given that Bitcoin has reached the psychological level of $60,000, this level is key and decisive. Therefore, we would look for buying opportunities in the coming hours, always with a stop-loss order below the February low, with targets at the 0/8 Murray level around $62,500 and finally around $68,750.

If our strategy is bearish, we should wait for a technical bounce in the coming hours and then take short positions. A clear area to sell could be the $65,000 zone. This level also served as support in March and has now become strong resistance, so if Bitcoin reaches these levels, we could open short positions.

The daily chart shows that the Eagle indicator is showing a negative signal, so as long as the BTC/USD price remains below the 21 SMA and below the 200 SMA, any technical bounce in the medium term will be considered a signal to continue selling.

Summary
Urgency
Analytic
Dimitrios Zappas
Start trade
Gana con los cambios en el valor de las criptomonedas con InstaForex.
Descarga MetaTrader 4 y abre tu primera operación.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    UNIRSE AL CONCURSO
  • Depósito al azar
    ¡Haga un depósito en su cuenta de $3,000 y obtenga $1000 más!
    ¡En Junio, sorteamos $1000 dentro de la campaña Depósito afortunado!
    Obtenga la oportunidad de ganar depositando $3,000 en una cuenta de operaciones. Tras haber cumplido esta condición, se convertirá en un participante de la campaña.
    UNIRSE AL CONCURSO
  • Opere de forma inteligente, gane un dispositivo
    Recargue su cuenta con al menos $500, regístrese en el concurso y tenga la oportunidad de ganar dispositivos móviles.
    UNIRSE AL CONCURSO
  • 30% de bonificación
    Reciba un bono del 30% cada vez que recargue su cuenta
    OBTENER BONO

Recommended Stories

Las opciones binarias no están disponibles para operar en esta región
¿No puede hablar ahora mismo?
Ingrese su pregunta en el chat.
Widget callback