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🟡 BTCUSD Daily Market Analysis—June 2, 2025 by Kohinoor Free VIP Signals
- Kohinoor Free VIP Trading Signals
- Jun 2
- 3 min read
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Introduction
The current live price of BTCUSD is 104,824 USD. In this analysis, we will delve into the daily and 4-hour time frames, using various technical indicators such as Fibonacci Retracement Levels, Exponential Moving Averages (EMA), RSI divergence, Weekly and Daily Pivots, Smart Money Concepts (SMC), Support & Resistance Levels, Order Blocks, and MACD. This comprehensive analysis will help traders make informed decisions in the dynamic cryptocurrency market.
Market Analysis Overview
Support and Resistance Levels
Understanding support and resistance levels is crucial for traders. Here’s a breakdown of the key levels for both the daily and 4-hour time frames:
Daily Timeframe:
Support Level: 103,500 USD
Resistance Level: 106,000 USD
4-Hour Timeframe:
Support Level: 104,300 USD
Resistance Level: 105,200 USD
Fibonacci Retracement Levels
Fibonacci Retracement Levels are essential for identifying potential reversal points. The significant daily swing levels are as follows:
Retracement Levels:
23.6% at 104,300 USD
38.2% at 104,000 USD
61.8% at 103,700 USD
Exponential Moving Averages (EMA)
The EMAs provide insights into the trend's direction and strength. Here are the current EMA levels for both daily and 4-hour time frames:
Daily EMA Levels:
EMA 50: 104,600 USD
EMA 100: 104,400 USD
EMA 200: 104,200 USD
EMA 400: 104,000 USD
4-Hour EMA Levels:
EMA 50: 104,800 USD
EMA 100: 104,600 USD
EMA 200: 104,400 USD
EMA 400: 104,200 USD
RSI Divergence
The Relative Strength Index (RSI) currently stands at 62, indicating that BTCUSD may be approaching overbought conditions. Traders should monitor this closely for potential price corrections.
Order Blocks
Identifying order blocks can help traders understand where significant buying or selling has occurred. The primary order block on the daily chart is located at 103,800 USD.
MACD Analysis
The MACD (Moving Average Convergence Divergence) is currently showing bullish momentum, suggesting a potential upward movement in BTC prices.
Summary
💡 BTCUSD Daily Analysis Summary by Kohinoor Free VIP Signals WhatsApp here
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Key levels
For a concise summary, here are the key levels and indicators:
Daily Support and Resistance:
Support: 103,500 USD
Resistance: 106,000 USD
4-Hour Support and Resistance:
Support: 104,300 USD
Resistance: 105,200 USD
Exponential Moving Averages:
Daily EMA Levels:
EMA 50: 104,600 USD
EMA 100: 104,400 USD
EMA 200: 104,200 USD
EMA 400: 104,000 USD
4-Hour EMA Levels:
EMA 50: 104,800 USD
EMA 100: 104,600 USD
EMA 200: 104,400 USD
EMA 400: 104,200 USD
Weekly Pivots:
Pivot 1: 104,500 USD
Pivot 2: 104,700 USD
Pivot 3: 105,000 USD
Daily Pivots:
Pivot 1: 104,600 USD
Pivot 2: 104,700 USD
Pivot 3: 104,800 USD
Fibonacci Levels:
23.6%: 104,300 USD
38.2%: 104,000 USD
61.8%: 103,700 USD
Fundamental Analysis and Upcoming USD News
📈 It is essential to keep an eye on upcoming USD news, particularly regarding interest rates and inflation data, as these factors will significantly impact the BTCUSD market. Traders should be aware of the Federal Reserve's announcements and economic indicators scheduled for release this month.
FAQs
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Based on client feedback, we recommend the following trusted brokers:
How often does Kohinoor Free VIP Signals update their analysis?
Our analysis is updated daily to provide the most accurate and timely information for traders.
Can I trade BTC on mobile platforms?
Yes, most brokers offer mobile trading platforms for convenient access to BTC trading.
What are the benefits of using BTC Forex signals?
BTC Forex signals provide traders with insights into market trends and potential entry and exit points, enhancing trading strategies.
How can I join Kohinoor Free VIP Signals?
You can join our FREE Telegram Channel here for the latest updates.
What resources does Kohinoor Free VIP Signals offer?
We provide free trading signals, educational articles, and ebooks to enhance your trading knowledge.
Is trading BTCUSD suitable for all investors?
Trading Forex and CFDs carries a high level of risk to your capital, and you should only trade with money you can afford to lose.
Disclaimer
Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Please read and ensure you fully understand our Risk Disclosure. Not Financial Advice. Trade at your own risk. Take Partial Profits, Use Strict Stop Loss, and Proper Risk Management.
Conclusion
In conclusion, today’s analysis of BTCUSD highlights critical levels and indicators that traders should monitor. For ongoing insights and free trading signals.
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