#BTC 【Latest Bitcoin Price Trend Analysis📈💹】
Previously, we discussed that the “big cake” consolidated and rose along the 4-hour Bollinger Band middle line for a week, then broke below it—so the trend has shifted to bearish. Using the Bollinger Band middle line as the resistance reference, if it breaks below 63,800, you can go short aiming for the 62,300 support level. Currently, the trend is indeed moving closer to 62,300.
In terms of strategy: you may wait until around 62,300 to buy in small amounts. If it breaks below, place a stop loss at 61,980. Take profit around 63,200.
$BTC $ETH
Previously, we discussed that the “big cake” consolidated and rose along the 4-hour Bollinger Band middle line for a week, then broke below it—so the trend has shifted to bearish. Using the Bollinger Band middle line as the resistance reference, if it breaks below 63,800, you can go short aiming for the 62,300 support level. Currently, the trend is indeed moving closer to 62,300.
In terms of strategy: you may wait until around 62,300 to buy in small amounts. If it breaks below, place a stop loss at 61,980. Take profit around 63,200.
$BTC $ETH