Crypto Circle Li Ying: June 18th Bitcoin (BTC) Latest Market Analysis and Trading Suggestions

Family members, Bitcoin is currently priced at 66,000. Over the past few days, its trend has been like a roller coaster slowly climbing upward. Looking at this trend, it’s like a mischievous child who just fell but gets up again and wants to run, but whether it can stabilize depends on its upcoming performance. The moving average system is quite interesting. The short-term moving averages are above the long-term moving averages, indicating that the medium-term trend is still upward. The MACD indicator shows signs of bullish divergence, possibly brewing a rebound. The middle band of the Bollinger Bands is at 65,828, with the price operating above the middle band. The upper band at 66,701 is a resistance level, and the lower band at 64,955 is a strong support. Overall, it is in a sideways to bullish pattern.

Short-term reference:

Buy at 65,500-65,000, exit if it falls below 64,500, aiming for above 66,500 and targeting 67,500

Buy at 67,800-68,300, exit if it falls below 68,800, aiming below 66,500 and targeting 66,000

The above content is exclusively original by Li Ying. Please indicate the source when reprinting! Due to the delay in article review and publication, and the market changing rapidly, the above suggestions are for reference only. Trade at your own risk. We hope Li Ying’s insights will be helpful to you!

The content of this article is real-time and for reference only. Trade at your $BTC own risk.