$BTC CryptoCircle LiYing: June 19 Bitcoin (BTC) Latest Market Analysis and Trading Recommendations

　　
　　Fellow traders, Bitcoin is currently priced at 62,500. Recently, the chart has been showing alternating green and red declines, with the bulls having no more strength to resist. In the moving average system, the short-term EMA7, mid-term EMA30, and long-term EMA120 are all pressing above the price, like three swords hanging overhead, and each rebound is quickly pushed back down. The MACD indicator is even more painful; both DIF and DEA are below the zero line with a death cross, and the red energy bars are growing longer, indicating that the bearish force is like being injected with adrenaline, smashing downward fiercely. The Bollinger Bands are also unable to hold; the price is sticking close to the lower band at 62,614 and drilling downward, with the middle band at 64,574 becoming an unreachable ceiling. This decline is not minor; it’s a trend weakening. Don’t rush to buy the dip and become the bag holder. These indicators are resonating in favor of the bears, and rebounds are opportunities to reduce positions. Don’t be fooled by short-term small bullish candles!
　　
　　Short-term reference:
　　
　　Buy at 61,500-61,000, exit if it breaks below 60,500, aiming above 62,500 towards 63,000
　　
　　Sell at 63,500-64,000, exit if it falls below 64,500, targeting below 62,000 towards 62,000
　　
　　The above content is exclusively original by LiYing. Please indicate the source when reprinting! Due to the delay in article review and publication, the market changes rapidly. The above suggestions are for reference only; trade at your own risk. We hope LiYing’s analysis will be helpful to you!
　　
　　The content of this article is real-time and for reference only. Trade at your own risk. ‌#预测世界杯加拿大VS卡塔尔