Bitcoin market analysis on June 20
Bitcoin’s view today remains unchanged, trading along the wedge
Low-price buying is the main strategy.
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6.19 Bitcoin Market Analysis
From the daily line structure, Bitcoin is in a descending wedge channel, extending, and is currently rebounding. The upper pressure is 67,000 and the support is 64,500, so I will trade along the moving average channel, but I still like to buy low and not short. I would rather miss it than lose money. After all, I am in a bull market.
From the weekly line, it has reached the moving average support near 64,000. Let's see if it can support the column.
From the 4-hour view, it is currently in a small rebound at the bottom. Can't short, after all, it is too low.
So combined, it is currently in a rebound, looking up to 67,000, and then see if it can stand firm. If it can't stand firm, continue to test the 64,000 support, back and forth. $BTC #币安合约锦标赛 #BTC走势分析
From the daily line structure, Bitcoin is in a descending wedge channel, extending, and is currently rebounding. The upper pressure is 67,000 and the support is 64,500, so I will trade along the moving average channel, but I still like to buy low and not short. I would rather miss it than lose money. After all, I am in a bull market.
From the weekly line, it has reached the moving average support near 64,000. Let's see if it can support the column.
From the 4-hour view, it is currently in a small rebound at the bottom. Can't short, after all, it is too low.
So combined, it is currently in a rebound, looking up to 67,000, and then see if it can stand firm. If it can't stand firm, continue to test the 64,000 support, back and forth. $BTC #币安合约锦标赛 #BTC走势分析
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BTC
91,372.01
+6.31%
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