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6.19 Thursday Bitcoin Afternoon Thoughts

Currently, the Bitcoin trend has entered a sideways state. Although it appears to be stagnant, the main players are strategizing their next big move. It is expected that in just a few days, Bitcoin will surge dramatically, ushering in a significant breakthrough!

From the four-hour level, the coin price has been fluctuating up and down, touching the lowest point of 103400 twice, which proves that the bottom support level is strong. Each time it dips, it bounces back up. From the overall market trend, the bulls are in control, and today we still see a bullish outlook. The MACD indicator's fast and slow lines are showing an upward turn below the zero axis, about to realize a golden cross pattern, while the bears indicate insufficient rebound momentum, making it difficult to maintain continuity. Therefore, in the afternoon, we will primarily focus on a low long strategy.

Personal suggestion: Go long above 104500 for targets of 105500 and 106500.