June 27th Bitcoin Analysis:
4-hour Level:
Price is fluctuating in a narrow range, with volume continually shrinking. The candlestick patterns are consistently forming doji, indicating a temporary stalemate between bulls and bears.
Key resistance level to watch is the 109,000 integer level, with support levels at 106,000 and 104,500.
1-hour Level Observation:
Although bears continue to exert pressure, the downward momentum is clearly weakening. The strategy remains focused on short positions!
Strategy:
Short near Bitcoin 108,000-108,900
Target around 107,000-106,000-104,000! Strict stop-loss!
