6.15 Midday Bitcoin Market Analysis

Yesterday weekend, we indicated that after Bitcoin retested and broke below 64,000, the next support zone was around 63,500-63,000, and reminded brothers to pay attention to news about the US-Iran ceasefire agreement. At that time, the momentum was insufficient to break below 63,500, and since the brothers weren’t sleeping, the price hovered around 63,700 without a decisive move. After 5 a.m., the US-Iran ceasefire agreement was reached, and Bitcoin surged with high volume, breaking through 65,000 and approaching the 66,000 level. Take profit around 65,700, capturing about 2,000 points of profit. The support zone at 1,650-1,630 that the auntie was watching was not broken, and the subsequent rebound successfully broke through 1,700, reaching a recent high of 1,732. Brothers can judge the accuracy for themselves; those who followed naturally enjoyed the gains.

The daily chart is gradually approaching the middle band of the Bollinger Bands, with the lower band showing a clear upward turn, which is a good sign for Bitcoin. On the 4-hour level, the MACD still maintains a bullish crossover, indicating that bullish momentum is still being released. Although the KDJ is near the overbought zone and accumulating technical correction needs, it is still diverging upward, so watch out for the risk of a death cross. In the short term, expect high-level consolidation, with a pullback support at 65,000. If broken, look further down to around 64,500, and if support holds, continue to aim for a breakout above 66,000. The support for the auntie is at 1,700-1,680, with a target around 1,750. Be cautious of signs of weakening momentum in the short term; do not blindly chase after the move. #预测世界杯西班牙VS佛得角 $BTC $ETH