{"id":32987,"date":"2025-06-02T04:50:26","date_gmt":"2025-06-02T04:50:26","guid":{"rendered":"https:\/\/zebpay.com\/in\/?p=32987"},"modified":"2025-06-02T10:05:15","modified_gmt":"2025-06-02T10:05:15","slug":"bitcoin-technical-analysis-report-2nd-june-2025","status":"publish","type":"post","link":"https:\/\/zebpay.com\/in\/blog\/bitcoin-technical-analysis-report-2nd-june-2025","title":{"rendered":"Bitcoin Technical Analysis Report – 2nd June 2025"},"content":{"rendered":"\n

Bitcoin continues to face resistance below the $105,000 mark over the weekend, signaling persistent selling pressure from the market. On the downside, analysts are closely watching the psychologically significant $100,000 support level. Even if this threshold is breached, further losses may be limited. On-chain data from Glassnode reveals that the short-term realized price currently stands at $96,000. Historically, during bullish market phases, Bitcoin rarely trades below this metric for long, suggesting any dips may be short-lived. Meanwhile, regulatory developments in the United States continue to unfold. Five states have passed new Bitcoin- related legislation. Notably, Texas has officially launched its long- anticipated state Bitcoin reserve, reinforcing its pro-Bitcoin stance. In contrast, Alabama has paused efforts to exempt crypto from certain taxes, with the proposal now indefinitely delayed.<\/p>\n\n\n\n

At the time of writing, BTC was trading at $104,743.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

BTC witnessed a massive rally from the recent lows of $74,508 to the new all-time high of $111,980. The price surged by almost 50%. However, the bulls failed to maintain their grip on the asset as it saw minor profit booking from the higher levels, dropping to $103,068. The asset has strong support at $100,000 and $90,000. To rally further, BTC needs to break, close, and sustain above the all-time high.<\/p>\n\n\n\n

Key Levels:<\/strong><\/p>\n\n\n\n

Support 2<\/strong><\/td>Support 1<\/strong><\/td>Asset<\/strong><\/td>Resistance 1<\/strong><\/td>Resistance 2.<\/strong><\/td><\/tr>
$90,000<\/td>$100,000<\/td>BTC<\/strong><\/td>$110,000<\/td>$125,000<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

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Bitcoin continues to face resistance below the $105,000 mark over the weekend, signaling persistent selling pressure from the market. On the downside, analysts are closely watching the psychologically significant $100,000 support level. Even if this threshold is breached, further losses may be limited. On-chain data from Glassnode reveals that the short-term realized price currently stands […]<\/p>\n","protected":false},"author":1,"featured_media":32632,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"_ayudawp_aiss_exclude":false,"footnotes":""},"categories":[26],"tags":[17,79,310,16],"acf":[],"_links":{"self":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts\/32987"}],"collection":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/comments?post=32987"}],"version-history":[{"count":2,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts\/32987\/revisions"}],"predecessor-version":[{"id":32995,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts\/32987\/revisions\/32995"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/media\/32632"}],"wp:attachment":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/media?parent=32987"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/categories?post=32987"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/tags?post=32987"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}