Analysis of BTC on June 6:
The price of Bitcoin did not fluctuate much yesterday. Although there was a small positive non-agricultural data, the overall increase was very small. Yesterday, the lowest price was around 70,400, and the highest price was around 71,800. The intraday fluctuation was 1,400 points, which was slower than the previous two days. The current price is running around 71,200.
Trend: The view of the big man still maintains the original view. The small level began to go sideways, and the data was positive, but there was no sign of rising to break through the pressure range. It can be said that the intention to break through is not very strong, but we must also be careful whether it is a trap to short! From a macro perspective, the second breakthrough of the flag channel, there is no sign of retracement, we can see if we can reach a staged high point! Pay attention to the upper range pressure of 72,200-72,800!
Operation:
Intraday operation range: support below 70,500-69,800, pressure above 72,200-72,800
