6.8 Sunday Morning Bitcoin Analysis
Currently, on the four-hour chart, it is in a fluctuating downward structure, and after considering fundamental influences, the market will exhibit frequent upward and downward price spikes. Although the downward trend is strong, the price will hover between the middle and lower bands, seeking opportunities to break below the lower band, with a high probability of continuation. However, the concentrated buying power below will also provide strong resistance.
Trade Bitcoin in the 1058-1060 range, targeting the 1045 range
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