6-24 Bitcoin Outlook: Reference Daily K

A point mentioned in yesterday's analysis is that 103400 is a short-term turning point for bulls and bears. If it is strongly broken, it is very likely to reach the upper edge of the bullish flag channel. Currently, Bitcoin has also reached a price of 105.

News: So, early in the morning, Trump suddenly announced a ceasefire + the Federal Reserve's second-in-command said there might be an interest rate cut in July, which led to a rise in the financial markets.

Daily Level K Line: A large bullish K line has appeared at the daily level, forming an engulfing signal, which is a strong bullish signal. Since a strong bullish signal has appeared in the market, if we want to pull back and go long, we can pay attention to the turning point mentioned yesterday, which is around 103400.