6.9 Morning Bitcoin Chart 🍜 Poetry Viewpoint


How will Bitcoin move in the morning? This rebound is not over yet!
Yesterday, Bitcoin tested the bottom and rebounded, forming a V-shaped reversal, strongly bouncing back from the low of 59,080 to above 63,100, with the MACD golden cross confirming short-term bullish momentum recovery.
After breaking through the previous resistance zone of 62,000-62,500, it is currently consolidating with narrow fluctuations near the 63,000 mark. The candlestick bodies are small, with intertwined upper and lower shadows, indicating fierce competition between bulls and bears around 63,000, digesting previous profit-taking and stop-loss positions, forming a buildup pattern for a continued upward move.
Resistance levels: around 64,000-64,200, strong resistance at 65,500-66,000. If broken, it opens the way above 66,000.
Support levels: around 62,500-62,800, strong support at 61,500-61,800.

Trading Suggestions:
1. Wait for a rebound and stabilization in the 62,600-62,900 range, cut losses and exit if it falls below 62,300, with the first target at 63,800 and the second at 64,500.
2. If a strong four-hour bullish candlestick closes above 64,200, enter on a pullback confirmation that does not break below 64,000, with a stop loss below 63,600, targeting directly at 65,500-66,000. $BTC $ETH $SOL
BTC-0.64%
ETH-1.5%
SOL-0.98%
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