Crypto Circle Director: On June 22nd, Bitcoin's daily chart closed with a bearish candle yesterday, once again pushing the price below the EMA7. Next, we need to watch if the daily level at 64,300 cannot be reclaimed; then, if it breaks below 62,400, you might see the price drop back to 60,000 or even reach the liquidity at 59,000 on the left side, around 58,000.


This downward adjustment rhythm is currently supported by the 62,400 level rebound, but it has not changed the reversal trend. It is still advisable to focus on short positions, with rebounds serving as a secondary strategy.
BTC-1.34%
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