BTC/USDT Futures Trading Analysis - 20 06 2025
BTC/USDT Futures Trading Analysis - 20 June 2025
Hello traders, today we’ll dive into a detailed technical analysis of BTC/USDT futures as of June 20, 2025. The market has shown slight bearish momentum, but key indicators suggest potential opportunities. Let’s break it down.
1. Market Overview
As of today, Bitcoin’s spot price is trading at **$104,656.50**, while the futures price is slightly lower at **$104,609.90**, indicating mild backwardation. The market has seen a **-0.40%** decline in the last 24 hours, with an intraday high of **$105,220.00** and a low of **$103,929.27**.
| Metric | Value |
|---|---|
| Spot Price | $104,656.50 |
| Futures Price | $104,609.90 |
| 24H Change | -0.40% |
| Intraday High | $105,220.00 |
| Intraday Low | $103,929.27 |
2. Technical Analysis
Moving Averages
- **MA(50):** $104,658.99 (acting as near-term resistance) - **EMA(50):** $104,754.05 (sloping downward, indicating bearish pressure)
The price is currently testing the MA(50), and a break below could signal further downside.
Oscillators
- **RSI (14):** 60.48 (neutral but leaning toward overbought) - **MACD:** -16.83 (bearish crossover, suggesting weakening momentum)
Additional Indicators
- **Fibonacci Retracement** (from recent swing high $105,220 to low $103,929):
- 0.236 level: $104,337.50 - 0.382 level: $104,589.20 - 0.618 level: $104,940.80
- **Bollinger Bands:** Price is near the middle band, indicating consolidation. - **ATR (14):** 1,245.30 (moderate volatility) - **VWAP:** $104,502.70 (slight bearish bias as price is below VWAP) - **Elliott Wave Analysis:** The market appears to be in a corrective Wave 4, with potential for one more leg down before a reversal.
3. Trading Strategy
Given the current technical setup, here’s my recommended approach:
Position: Short
- **Entry Point:** $104,600 - $104,800 (near EMA resistance) - **Stop-Loss:** $105,250 (above intraday high) - **Take-Profit:**
- TP1: $104,000 (near intraday low) - TP2: $103,500 (next support zone)
- **Position Size:** 1-2% of capital per trade - **Risk/Reward Ratio:** 1:2.5
Alternative Scenario (Long)
If BTC breaks above $105,250 with strong volume, consider a long position targeting $106,000.
Final Thoughts
The market is in a consolidation phase with bearish signals from the MACD and EMA. Traders should watch the MA(50) and Fibonacci levels closely for confirmation.
⚠️ *Disclaimer: This analysis is provided for informational purposes only and does not constitute financial advice. It is recommended to conduct your own research before making investment decisions.* ⚠️
— Happy trading!
Recommended Crypto Futures Exchanges
| Exchange | Futures Features | Sign-Up |
|---|---|---|
| Binance Futures | Up to 125x leverage, USDⓈ-M contracts | Register Now - CashBack 10% SPOT and Futures |
| Bybit Futures | Inverse perpetual contracts | Start Trading |
| BingX Futures | Copy-trading for futures | Join BingX |
| Bitget Futures | USDT-margined contracts | Open Account |
| BitMEX | Crypto Trading Platform up to 100x leverage | BitMEX |
Join the community
Subscribe to our Telegram channel @strategybin. Sign up at the most profitable crypto exchange.