6.19 Thursday Morning Bitcoin Analysis

The current market is starting to recover, with a stronger momentum compared to yesterday, but it has not yet broken through the 103500-105500 range. Although there has been a three consecutive hour rise, the subsequent momentum is insufficient for further attacks; at the same time, trading volume has decreased despite the price rise, indicating increasing divergence in the market and intense competition. The price is hovering between the middle and lower bands on the four-hour chart; although it broke the continuous bearish trend with a bullish candle in the morning, the bullish volume remains insufficient. Even if the daytime continues to recover, the upward space is relatively limited.

Bitcoin in the 1050-1052 range, target 1037 range.

Remember to maintain good defense!

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