June 20 Bitcoin Market Analysis
Currently, Bitcoin is fluctuating between 103,000 and 106,000
🔸 For short positions, the price breaks below 103,000 and confirms (4h chart closes bearish)
Target 101,500, 100,300
Stop loss near 103,900
🔸 For short-term long positions, the price breaks above 104,300 and holds (1h chart confirmation)
Target 105,600, 106,500
Stop loss near 103,000
🔸 Short-term resistance at 106,500, multiple failures to break through, 4h selling pressure concentrated
🔸 Short-term support at 103,000 USD, near the MA50 moving average on the 4h chart, buying activity is relatively active
🔸 Investment requires caution #btc
Currently, Bitcoin is fluctuating between 103,000 and 106,000
🔸 For short positions, the price breaks below 103,000 and confirms (4h chart closes bearish)
Target 101,500, 100,300
Stop loss near 103,900
🔸 For short-term long positions, the price breaks above 104,300 and holds (1h chart confirmation)
Target 105,600, 106,500
Stop loss near 103,000
🔸 Short-term resistance at 106,500, multiple failures to break through, 4h selling pressure concentrated
🔸 Short-term support at 103,000 USD, near the MA50 moving average on the 4h chart, buying activity is relatively active
🔸 Investment requires caution #btc
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BTC
103,156.44
-1.16%