Bitcoin 102600 does not break then it lives, 106800 breaks then it rises! Shengjie: Wait for changes during sideways movement, watch more and act less!
Bitcoin has started to adjust sideways. Yesterday, I briefly mentioned whether this might be a downward continuation, mainly looking at whether the previous low of 102600 can be broken again. If it breaks again, then a downward continuation will form, and the next support will be around 100,000. However, if it tests again, the probability of breaking will greatly increase!
In terms of trends:
At the same time, there is a kind of head and shoulders bottom pattern in the current small scale, mainly focusing on the pressure around 106800 above. If it exceeds this rebound, then the current downward trend will end, and an upward trend will be reopened. These are all points to pay attention to currently. If you are unsure of the direction, it is recommended to watch more and act less, waiting for a clear direction to emerge, or follow Shengjie's rhythm!
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BTC Analysis: June 14, 2025 Daily Chart
