6.1 Monday Bitcoin Morning Outlook



May has turned the page, June begins anew, all past setbacks are left behind yesterday, let's work together to seize the upcoming market opportunities, wishing everyone good luck!

Weekend market movements were quite frustrating, staying in narrow ranges and oscillating back and forth, current price is 737. The previously suggested long positions around 731 have also yielded good profits.

From the chart perspective, after the price bottomed out at 724, it steadily moved higher, and the overall bullish pattern remains unchanged. The Bollinger Bands are starting to narrow, moving averages are gaining upward momentum, and on smaller timeframes, pullbacks are becoming weaker, with the 730 level repeatedly holding.

Analysis: A pullback to around 732, with a target #美伊谈判博弈 in the 750 range.
BTC-0.55%
ETH-1.24%
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