BTC market trends and operational methods

The BTC price previously formed an arc top and then broke below that pattern. In theory, the price range of 104,000 - 105,000 is a relatively strong support level that can prevent the price from falling. Now, it feels like it won't drop much in the short term. From the daily chart, the price has halted its decline at the middle line of the Bollinger Bands and is starting to rebound, with a small tail under the candlestick, resulting in a bullish candle. Moreover, the RSI indicator looks like it has the potential to cross upward, indicating that it may rise a bit.

If you have already bought BTC, you can sell a portion when the price gets close to 107000 to make some profit. If you haven't bought yet, you can purchase some when the price reaches the range of 105000 - 102000. However, to prevent significant losses, you should set a stop-loss, meaning that if the price drops to 98000, you must sell no matter what. If you bought correctly, just wait for the price to rise to 108500 - 110000 before selling, and you will make a profit. #六月行情预测