6.14 Morning Bitcoin Chart 🍜 Market View


Don't open positions randomly! Focus on these 4 levels today!
Bitcoin completed a bottoming out and rebound yesterday, touching support around 62,800 before climbing higher, with a stair-step rebound on the 4-hour chart, reaching as high as 64,738. The daily focus clearly shifted upward, with bullish momentum dominating.
Currently trading sideways near 64,400, the 4-hour MACD still shows divergence with both lines moving upward, and although the red histogram has decreased in volume, the overall bullish momentum has not fully faded, remaining in a strong zone in the short term. Resistance above is at the previous high of 64,738, support is at the 64,000-63,800 range. If support holds, the trend is likely to continue with a slight bullish oscillation; a breakdown may lead to a retest around 63,500.
Support levels: 64,000, 63,500 (strong support)
Resistance levels: 64,738, 65,200 (breaking through opens upward space)
Trading suggestions:
1. If the price retests and stabilizes around 64,000-63,800, consider a small long position, targeting 64,700-65,000, with a stop loss below 63,500.
2. If the price rebounds to 64,700-64,900 and encounters resistance then falls back, consider a small short position, targeting 64,200-64,000, with a stop loss above 65,200. $BTC $ETH
BTC1.47%
ETH0.91%
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