6.20 Crypto Circle Mr. Coin: Bitcoin (BTC) Market Analysis Reference

  Bitcoin's market rose to around 105200 yesterday and faced resistance. The price retraced in the evening but did not break support, maintaining a consolidation pattern. Throughout the day, the price fluctuated between bullish and bearish trends.

On the hourly chart, the Bollinger Bands are showing a contracted posture, and in the short term, the market remains in a stalemate. The price is oscillating below the middle line of the Bollinger Bands, and it is expected that this oscillating market will continue for some time. The strategy is to sell high and buy low. The support below is focused on the 103500 level, while the resistance above is at 105500 and the 106800 region. The recommendation is to maintain the strategy of selling high and buying low as long as the levels are not broken.

6.20 Bitcoin Short-term Reference:

Lower entry point 105100-106500, stop-loss at 108300, take-profit: below 104000,

Upper entry point 102500-103500 long, stop-loss at 500, defend at 100500, target above 104300,

There may be delays in article delivery, and the strategy suggestions are for reference only. The market changes rapidly; regardless of how accurate the market judgment is, always set your take-profit and stop-loss to secure your gains. #BTC #BTC走势分析 #鲍威尔发言 #ETH