Wednesday, June 10th Early Morning Analysis


Currently, the 4-hour timeframe remains in a clear bearish trend, with moving averages in a bearish alignment and Bollinger Bands opening downward as the core features. The current price is trading below all key moving averages, and everyone is watching the dip, but it’s important to note that the US stock market has fallen so much$BTC yet hasn't dropped that much. Yifan said if it drops to 61,000, then it’s 61,000. Once it hits, just give me a shout,
Short-term: Pay attention to the support test in the 60,700 ~ 61,000 range. If it stabilizes, consider a small long position, with targets around 62,300-62,800.
BTC-2.66%
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