Bitcoin BTC Market Analysis (6/09)

Yesterday, the high point of the big cake BTC was 26810.00 points, closing at 26721

Yesterday, the high point of the big cake BTC was 26810.00 points, closing at 26721.68 points, with an amplitude of 2.60% and an increase of 1.41%. Yesterday, the main trend was upward, with the closing price at the 5-day line, with multiple forces leading the way in the medium to long term.

Yesterday, it was analyzed that if there is an inverted V-shaped reversal in the big cake btc, it needs to fall below 2.65w. Coincidentally, when the pancake falls near this point, it has been in a sideways stage for a whole day, making it difficult to determine. Therefore, it is necessary to find a level 30 minute chart for analysis? So now the Big Cake BTC has been fluctuating up and down at the 30 minute 144 moving average, and now it is the 233 moving average that needs to cross the 144 moving average. In the later stage, it is necessary to observe which direction the Big Cake trend will first go out of the center.

30mink line diagram

From today's overall market situation, Da Bing has been in a day of sideways trading, and there may be significant fluctuations this weekend. Therefore, it is still necessary to pay attention at all times. In my personal opinion, it is still more bearish, and it is best to take a stop loss measure for small orders.

Bitcoin BTC Market Analysis (6/08)

Note: The currency market carries risks and caution is required when entering the market.

Risk reminder: The opinions mentioned in this article only represent personal opinions, and the subject matter involved is not recommended. Trading based on this will be at your own risk

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