6.28 Bitcoin is at a very critical position! There is a huge potential profit!

Bitcoin had a channel decline retracement yesterday, the retracement was very small, and it immediately started to rise again, but this wave of rebound obviously reached the previous high and immediately encountered resistance, so overall, the current Bitcoin price is a wave of strong decline, and a small rebound began to fluctuate sideways.

If you start to go long and look for a wave of rise after a brief breakthrough of the small downward retracement channel yesterday, then it is obvious that this rise has failed so far. If you entered the market yesterday and went long, then I think you can try to exit and wait and see, because we once thought that this wave of rebound could start an upward trend, but it was blocked at the previous high, and we must also adapt to the situation immediately.

Remember that the market is ever-changing, and you must analyze the current market in a timely manner and respond in a timely manner. This is what we often call order management.

It seems that after the previous high is blocked, it is estimated that there will be another wave of decline and retracement below, but it is not certain how deep this wave of decline and retracement will be. I think the most important thing is to pay attention to the situation of the previous low point. If the price does not break the previous low point again and then starts a rebound trend, we can still continue to try to go long.

Because at the macro level, we believe that Bitcoin is in a box of sideways fluctuations. This time there is a great chance that it will be supported again at the bottom of the box. If it rebounds at the bottom of the box, it will retreat to the top of the box. And from the daily line, the amplitude of this box is very large. If it rebounds to the top of the box, there will be a very considerable profit.

But it should also be noted that if the price falls this time and breaks the previous low point, it is better to be careful and do not try to go long for the time being, because it may break the trend of this box, and there will be a very huge decline.

#BTC走勢分析