6.19 Morning Bitcoin Market Analysis $BTC

In the rapidly changing battlefield, only by understanding the wind direction can one seize the opportunity. From the current market perspective, after the 1-hour K-line low of 103371.03, it shows a stabilizing and rising trend. In the MACD indicator, DIF (-141.86), DEA (-235.26), and MACD bars (186.81) form a golden cross trend. After the green bars shorten, red bars initially appear, indicating that bullish strength is beginning to accumulate, with short-term momentum strengthening. In terms of energy fluctuations, the price fluctuates in the range of 103500 - 105550.27, currently at 104859.99 close to the upper part of the range. If it can break through the 24-hour highest price of 105550.27, the upper space may open up. One can rely on moving average support and the continuation of the MACD golden cross to adopt a bullish strategy, paying attention to the opportunity to increase positions after breaking through key resistance levels.

Large Cake 🫓 103800-104300, look at 106500

Second Cake around 2490