BTC analysis June 10, 2024

W frame:

The week's closing candlestick remained stable, creating the foundation for the next growth period.

Frame D:

Currently in the pullback phase after surpassing the 69k area.

If you close 1-2 D candles above 69k6 this week, there will likely be a strong increase.

The short-term target is the 69k8 area.

Frame H1:

The price range narrows in the Bollinger Band channel.

Long-term goals can touch 2 black lines (important ERL).

Dom:

Chart D is forming a descending triangle.

There is a high possibility that it will retest the 54.55% resistance area before increasing again.

General perception:

The market still has growth potential in the short term.

Altcoins may have a short-term uptrend.

"Be patient and accumulate Bitcoin. Time will prove its worth."

Note:

This analysis is for reference only, not investment advice.

You should research and evaluate the market yourself before making an investment decision. #TopCoinsJune2024 #binance #btc #bnb #STORJ