June 12th $BTC Morning Analysis


Good morning everyone, and happy Friday
Yesterday, Old T roared in anger, and Bitcoin immediately surged, then properly retraced, pulling it back up, T is unreliable,
Let's take a look at the current $BTC Bollinger Bands (BOLL): Price has been pressured and pulled back from the upper band (63,666.7 USDT), currently trading near the middle band (63,471.2 USDT), the Bollinger Bands are still widening upward, but short-term upward momentum is clearly weakening.
​Moving average system: The price is being suppressed by MA10 (63,474.4 USDT) and MA20 (63,471.2 USDT), with support below at MA89 (62,890.2 USDT); the moving averages are still in a bullish arrangement, but the pace of upward movement has significantly slowed.
​MACD: DIF and DEA are still above the zero line, but the MACD red histogram continues to shrink, indicating diminishing upward momentum, and bullish strength is weakening temporarily.
​KDJ: The K, D, and J lines have fallen back from high levels, with J at 19.1 entering the oversold zone, indicating a short-term technical rebound may be needed. A personal suggestion from Yifan: around 63,500-64,300, with targets near 62,500-61,800 #BTC #ETH #BTC走势分析
BTC0.22%
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