Crypto Circle Academician: June 19 Bitcoin Daily K + 4-Hour Chart Deep Dive Analysis! Latest Market Update and Trading Suggestions

Bitcoin’s current price is 62,600. It looks like we’ve been taught a lesson—sure enough, every pullback is a trap. From the daily K-line, Bitcoin is currently closing at 62,619. The price has fallen below short-term moving averages such as the EMA15 and EMA30. Overall, the moving averages are arranged pointing south. The EMA60 overhead, around 70,000, is forming strong resistance, and the trend is bearish. The MACD indicator shows DIF and DEA still operating below the zero axis. Although the green histogram bars are shrinking, the downward momentum has not fully exhausted. The Bollinger Bands are opening downward; the price has broken below the middle band and is currently hovering near the lower band, with lower-band support around 57,600. The rebound strength at the daily K level is relatively weak. Overall, it remains in a downward channel, with no clear reversal signal. In the short term, weak consolidation followed by downward movement is the main theme.

On the 4-hour timeframe, Bitcoin is currently trading at 62,627. It has again fallen below the EMA15 short-term moving average. The moving average system has turned downward again, effectively ending the northbound trend. The MACD indicator’s DIF line has moved down and broken through the DEA line, and the green histogram bars have started to expand, with downward momentum restarting. The Bollinger Bands’ middle band near 65,200 is acting as resistance. After the price broke below the middle band, it moved toward the lower band at 62,690, and the lower-band support has been briefly breached. The 4-hour rebound has been declared a failure; the southbound move has regained control of the pace. In the short term, the highs of rebounds keep getting lower, and the continuation of the downtrend is relatively strong. For trading, you should mainly adopt a southbound mindset, and be alert to upside pullbacks that may lure traders in.

Short-term trading idea reference: Follow the trend of the larger timeframe; set tight stop-losses and enter and exit quickly.

From 61,000 to 60,500 for a northbound move, stop-loss at 60,000; targets at 62,000 to 63,000.

From 64,500 to 65,000 for a southbound move, stop-loss at 65,500; targets at 63,500 to 62,500.

Specific execution should be based on real-time order book data. For more information, please consult the author’s articles. There may be delays in article publishing; the suggestions are for reference only—risk is on you $BTC ‌#预测世界杯加拿大VS卡塔尔