6.15 Evening Bitcoin Market Analysis

The early morning Bitcoin price continued the upward trend from dawn, touching the 66,000 level for the first time before pulling back slightly, but not breaking below the short-term support at 65,000. Later, during midday, Doutu again signaled a rebound, reaching the 66,000 level for the second time, but still unable to break through. In the afternoon, it was the third time touching the 66,000 level, and Doutu quickly pushed the price back down to around 65,500. Basically, the situation remains above 65,000, with the market consolidating in a high-range oscillation. Yitai is also oscillating in the 1700-1730 range. Currently, the market trend still aligns well with our midday outlook.

So, we continue to be bullish tonight. The price has stabilized above 65,000. Once a volume breakout above 66,000 occurs, there is hope for a new round of attack. Of course, we need to be cautious. Currently, the 1-hour MACD shows signs of forming a death cross at a high level, indicating that Doutu's momentum is about to end. Therefore, if subsequent Doutu volume does not support a breakout above 66,000, it could easily face quick resistance around 66,500 and pull back, or even break below the 65,000 support. On the other hand, Yitai's short-term rebound suddenly gained strength, breaking previous highs and reaching the 1750 resistance level, pushing upward. If Bitcoin can break through smoothly, Yitai will look toward around 1780. Keep stop-losses ready to guard against the impact of the US stock market opening tonight. $BTC #持有USD1即享收益 $ETH