BTC 4-hour retracement to 200-day line has support

According to the latest technical analysis, Bitcoin (BTC) has indeed shown certain support from the 200-day moving average in its 4-hour cycle trend. Here is a detailed analysis:

Technical analysis

- 200-day moving average support: Bitcoin's price shows certain signs of support near the 200-day moving average. For example, the analysis on March 5, 2025, indicated signs of seller exhaustion at the 200-day moving average support level, suggesting that the price may rebound. This indicates that the 200-day moving average can prevent further price declines to some extent.

- 4-hour cycle trend: In the 4-hour cycle, Bitcoin's price trend is relatively complex, but overall, the 200-day moving average does provide support in certain situations. For example, the analysis on March 20, 2025, pointed out that Bitcoin showed a series of bullish candlesticks in the 4-hour cycle, indicating certain upward momentum, while the 200-day moving average provided support during the retracement.

- Current price and 200-day moving average relationship: As of June 15, 2025, Bitcoin's 200-day simple moving average (SMA) price was $107,573.27, while the 200-day exponential moving average (EMA) price was $107,462.50. This means the current Bitcoin price fluctuates near the 200-day moving average, and the moving average itself provides certain support to the price.

Operational suggestions

- Long position entry timing: If Bitcoin's price retraces to near the 200-day moving average in the 4-hour cycle and shows clear support signals (such as price stopping its decline and rising, or increased trading volume), it may be considered to enter a long position with a light position.

- Risk control: Although the 200-day moving average has certain support, market trends still carry uncertainties. It is recommended to set stop-loss points to avoid significant losses due to further price declines.

It is important to note that technical analysis is only one of the reference factors for investment decisions. Market trends are influenced by various factors including the macroeconomic environment, policy changes, market sentiment, and more. Investors should comprehensively consider these factors and manage risks when making decisions.