$BTC 6.19 Bitcoin Market Analysis
Yesterday, the price of Bitcoin fell sharply to 64,000. Two mid-term trends were predicted before, one is the head and shoulders bottom structure, which is expected to fall to 63,000 to 64,000 US dollars, and the other is the double bottom structure, which is expected to fall to 55,000 US dollars. At present, it tends to be a head and shoulders bottom structure, and it is likely to be completed.
Starting from the high point of 72,144 US dollars, it has been a 3-wave structure. It ended with a three-wave decline yesterday, forming a descending wedge structure of the C wave, which indicates that this round of adjustment may have ended last night, and 64,000 US dollars may be the lowest point of this round of adjustment. Breaking through the downward trend line of 66,500 confirms that the adjustment is over and a new round of rise begins.
#开单建议 Enter a long order near 65,000, and stop loss a little below 64,000.
