June 28 Market Analysis



Resistance Levels
● First Resistance: 61,964.2
● Basis: The starting point of the previous decline (recent high) on the left side of the chart, also the resistance area near the current middle band of the Bollinger Bands.
● Second Resistance: 62,509.7
● Basis: The UB (Upper Bollinger Band) value shown in the top-left corner of the chart; this is a strong resistance area for short-term rebounds.

Support Levels
● First Support: 59,857.5
● Basis: The "24h Low" price shown in the top-right corner of the chart, also near the lower edge of the recent consolidation box.
● Second Support: 58,014.9
● Basis: The LB (Lower Bollinger Band) value shown in the top-left corner of the chart. If it breaks below the previous low, the price is likely to test this level.

Brief Summary: The current price is oscillating within the range of 59,800 - 62,000. $BTC
BTC-1.43%
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