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6.15 Afternoon Bitcoin Chart 🍜 Market Outlook
Bitcoin continues its bullish trend, and the key zone for the afternoon has been marked!
6.14 Morning Bitcoin Strategy: Stabilize above 64000-63800 to attempt long positions, target 64700-65000, stop loss at 63500. The market unfolded as expected, with a low of 63650 stabilizing before rising, reaching a high of 65996, bullish momentum continues.
On the 4-hour chart, after a strong breakout, it maintains high-level oscillation, with MACD double lines continuously diverging upward, red bars shrinking but no obvious reversal, indicating the bullish trend remains. Currently consolidating around 65600, it’s in a phase of building strength after the breakout. The previous high of 65996 is a strong resistance, with support gradually shifting upward to the 65200-65000 range.
Support levels: 65200, 64800 (strong support)
Resistance levels: 65996, 66500 (upward space opens after breakout)
Trading Suggestions:
1. If it retraces and stabilizes around 65200-65000, try a small long position, target 65800-66200, stop loss below 64800.
2. If it rebounds to 65900-66100 and encounters resistance, then falls back, try a small short position, target 65400-65000, stop loss above 66500. $BTC $ETH