Update BTC June 19, 2024
💎H4 frame: Bitcoin is still in a downtrend and has broken through the EMA 200. The current price is 65,200, with resistance above 67k - 67k4 and support below 63k3 - 63k6. The price trend can touch the support zone and move to the resistance zone.
👉Altcoins are likely to recover in the next few days. Traders should closely monitor prices and wait for suitable trading opportunities
👉 Expect BTC to retest the 63k3 - 64k3 zone then rebound strongly to 67k - 6
Trading plan
Altcoin capitalization had a strong withdrawal reaction after sellers tried to break through the EMA 200 on frame D. Altcoin may recover in the next few days.
💎 Frame D1:: Yesterday was a strong bearish candle, with great selling force, but there was a withdrawal of the whiskers, showing that there was a struggle between the two sides. Expect the price to only decrease to 63k3 - 64k3 then increase strongly again
