$BTC Crypto Circle Li Ying: 6.17 Bitcoin (BTC) Latest Market Analysis and Trading Suggestions


  
  Family members, Bitcoin is currently priced at 65,800. The 2-hour technical chart reveals hidden clues! First, look at the trend structure: from the low point of 59,130, a rebound to 67,292 occurred. Currently, it is in a correction phase of a sharp rise and fall. The moving average system shows a short-term bullish and long-term bearish battle, with the 120 EMA clearly suppressing the price. The bulls and bears are temporarily balanced. The MACD indicates that short-term buying momentum is weakening. The bears have not taken control yet, but the bulls also lack the strength to counterattack. The Bollinger Bands have an upper band at 67,045, a lower band at 65,439, and a middle band at 66,242, which is a key boundary between strength and weakness. The price is trading below the middle band, suggesting a cautious market. We need to wait for a volume breakout or a confirmed breakdown to determine the direction.
  
  Short-term reference:
  
  Buy zone: 65,500-65,000, exit if it falls below 64,500, target above 66,500 aiming for 67,500
  
  Sell zone: 67,800-68,300, exit if it falls below 68,800, target below 66,500 aiming for 66,000
  
  The above content is exclusively created by Li Ying. Please indicate the source when reprinting! Due to delays in article review and publication, the market changes rapidly. The above suggestions are for reference only; trade at your own risk. We hope Li Ying’s analysis will be helpful to you!
  
  The content of this article is real-time and for reference only. Trade at your own risk. ‌#预测世界杯阿根廷vs阿尔及利亚
BTC-2.22%
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