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$BTC Crypto Circle Li Ying: 6.13 Bitcoin (BTC) Latest Market Analysis and Trading Suggestions
Family members, Bitcoin is currently at 63,800. Previously, Bitcoin surged from a high of 75,500 and kept falling, finally stabilizing around 59,130 to catch a breath. In recent days, the candlestick chart has been moving upward in small steps, and the trading volume is gradually catching up. It feels like it’s shifting from lying flat to starting to stand up? But don’t rush, there are still moving averages pressing down from above. We need to clarify whether this is a rebound or a true reversal before taking action.
On the technical side, in the EMA indicator, EMA7 and EMA30 are supporting below the current price, indicating short-term bullish dominance; but EMA120 is like a mountain pressing overhead, and breaking through it would signal a trend reversal. Regarding MACD, the DIF and DEA lines have formed a golden cross above the zero axis, with the red bars continuing to grow, indicating that bullish momentum is still being released. However, caution is needed for potential bearish divergence. The middle band of Bollinger Bands at 63,220 supports the price, the upper band at 64,106 is a short-term resistance level, and the lower band at 62,335 is a defensive bottom line. Overall, the current phase is a recovery after a downtrend, and the key is whether volume can break through the resonance pressure zone of EMA120 and the Bollinger upper band.
Short-term reference:
Long position between 63,000-62,500, exit if below 62,000, aiming for above 63,500 and targeting 64,500.
Short position between 64,000-64,500, exit if below 65,000, aiming for below 63,000 and targeting 62,500.
The above content is exclusively original by Li Ying. Please indicate the source when reprinting! Due to delays in article review and market volatility, the above suggestions are for reference only, and risks are borne by yourself. We hope Li Ying’s analysis will be helpful to you!
The content of this article is real-time and for reference only. Please bear the risks yourself. #预测世界杯美国VS巴拉圭