Bitcoin analysis for today with tradeCompass by investingLive

At the time of this Bitcoin analysis, Bitcoin Futures are trading at $107,335, slightly above today’s bullish threshold.

Summary Box

Bullish above: $107,275 (Wait for at least one 30-minute candle close above this level for confirmation)

Bearish below: $107,000 (Confirmed by at least one 30-minute candle close below)

Current Price: $107,335

Primary Bias: Slightly Bullish (price near key institutional support level)

Bullish Partial Profit Targets:

• $107,540

• $107,800

• $108,115

• $108,540

• $109,000

• $109,625 (runner)

• $110,715 (runner)

• $111,000 (runner)

Bearish Partial Profit Targets:

• $106,715

• $106,270

• $105,775 (runner)

• $105,425 (runner)

Bitcoin Market Context and Directional Bias

Currently, Bitcoin Futures prices are trading just above our bullish threshold at $107,275. However, given recent downward momentum, traders might consider waiting for a clearer confirmation of bullish sentiment. One recommended way is to wait for at least one 30-minute candle to close above this key level before initiating a long position.

This method ensures the bullish threshold is not just briefly pierced but sustainably held. Prices have recently declined, hinting at a potential attempt by market makers to trigger stop orders beneath this critical support area. Therefore, caution is advised, and confirming a sustained move above the bullish threshold is recommended.

If prices close below our bearish threshold of $107,000 on at least one 30-minute candle, this would signal increased bearish momentum, opening the door for deeper corrections. Traders looking for greater confirmation may wait even longer for sustained bearish activity before initiating positions.

Key Levels & Partial-Profit Strategy for Bitcoin Traders Today

The tradeCompass methodology includes a systematic approach of scaling out of trades by taking partial profits at predefined institutional levels, providing traders with structured ways to manage risk and improve trade consistency.

Bullish Scenario (confirmed above $107,275)

• $107,540:
  
  June 12th Value Area Low, likely to attract early resistance or profit-taking.

• $107,800:
  
  June 12th Point of Control (POC), indicating high historical volume and strong potential resistance.

• $108,115:
  
  Near today’s and yesterday’s VWAP, highlighting institutional fair-value levels.

• $108,540:
  
  Just below yesterday’s POC, a critical level for institutional trading.

• $109,000:
  
  Aligned with June 10th POC, historically significant due to high-volume activity.

• $109,625 (runner):
  
  Next significant upside level, suitable for holding a smaller portion of the position.

• $110,715 (runner):
  
  Extended profit target, if bullish momentum strongly persists.

• $111,000 (runner):
  
  Psychological and institutional magnet, marking the final bullish target for runners.

Bearish Scenario (confirmed below $107,000)

• $106,715:
  
  June 12th Point of Control, likely to see temporary price stabilization or bounce.

• $106,270:
  
  Just above June 17th VWAP, a significant institutional reference.

• $105,775 (runner):
  
  Positioned just above the June 24th Value Area Low, representing deeper bearish continuation.

• $105,425 (runner):
  
  Final bearish target slightly above June 20th VWAP, marking a deeper retracement target.

Understanding tradeCompass Methodology

Volume Profile

Volume Profile visually displays trading volume distribution at various price levels, highlighting zones of agreement among buyers and sellers. Important components include:

• Point of Control (POC):
  
  The highest-volume price level, often acting as key support or resistance.

• Value Area High/Low (VAH/VAL):
  
  Levels defining the range where approximately 70% of prior session trading occurred, critical for detecting breakouts or reversals.

VWAP (Volume-Weighted Average Price)

VWAP calculates the average price weighted by volume, signaling institutional “fair value.” Prices above VWAP generally reflect bullish control, whereas prices below suggest bearish sentiment. VWAP’s standard deviation bands help pinpoint probable reversals or accelerations.

Liquidity Pools

Liquidity pools represent price areas with substantial pending market orders. Institutions and market makers typically target these pools to efficiently execute large transactions, causing short-term price reactions. Recognizing liquidity pools allows traders to anticipate these market-moving events.

Why These Tools Matter

Incorporating Volume Profile, VWAP, and liquidity pools provides traders a clear view of institutional-level market participation. This combined perspective allows traders to establish precise entry points, effective risk management strategies, and strategically placed partial profit targets rather than relying solely on distant single objectives.

tradeCompass Trade Management Tips

• One trade per direction:
  
  Keeps your strategy disciplined, prevents emotional overtrading, and preserves capital.

• Moving stops:
  
  Once your second partial profit target is hit, move your stop-loss to entry, effectively reducing risk.

• Flexible entry confirmation:
  
  Traders may vary their entry confirmations—waiting for candle closes, delta analysis, or sustained price action near thresholds.

• Logical stop placement:
  
  Always ensure stops are logically placed relative to tradeCompass thresholds to quickly invalidate trades if the scenario changes.

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Disclaimer

This Bitcoin analysis is strictly informational and educational in nature and should not be considered financial advice. Cryptocurrency trading involves considerable risks, and traders should always use appropriate risk management and thoroughly research decisions. Always trade at your own risk.