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6.12 Morning Bitcoin Chart 🍜 Market Outlook
Where is the critical dividing line today between bulls and bears?
Bitcoin yesterday bottomed out at 60,691 and then fluctuated and rebounded, reaching a high of 63,455, ultimately closing around 63,137.5, showing a strong bottoming and recovery trend.
Currently, the MACD red histogram continues to expand, indicating that bullish momentum is dominant. Preferentially consider low-position long strategies, strictly control position sizes, and avoid chasing gains or selling in panic.
Support levels: 62,600, 62,300
Resistance levels: 63,600, 64,200
Trading Suggestions:
1. During the pullback to the 62,600-62,800 range, take light long positions, targeting 63,400-63,600, with a stop loss at 62,300
2. If the price rises without breaking 63,600, try a small short position, targeting 62,800-62,600, with a stop loss at 63,800 $BTC $ETH