The 4-hour chart of Bitcoin shows that the market is in a low-level consolidation phase, fluctuating around the middle band of the Bollinger Bands. Due to the downward slope of the upper Bollinger Band and the weak MACD trend, the market is biased towards a downward adjustment, but the downward space is limited. At the same time, bearish momentum has weakened, and attention should be paid to the possibility of the market breaking through the middle band in the future.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Thoughts for June 20:
The 4-hour chart of Bitcoin shows that the market is in a low-level consolidation phase, fluctuating around the middle band of the Bollinger Bands. Due to the downward slope of the upper Bollinger Band and the weak MACD trend, the market is biased towards a downward adjustment, but the downward space is limited. At the same time, bearish momentum has weakened, and attention should be paid to the possibility of the market breaking through the middle band in the future.
Operational Recommendations:
105000-104800🈳, target 103400-102300, defend 105200
Two cakes: 2550-2520🈳, target 2430-2320, defense 2570
(The market changes rapidly, for reference only!)
#六月行情预测 #BTC #ETH