Update BTC June 15
- Yesterday, BTC created a false breakout to the lower border of the price range and then rebounded according to the scenario I gave.
- Looking at the daily frame, we can see that the buying force at the lower border has returned to push the price up, shown by the rising pinbar candle right at the strong support zone (lower border of the price frame). However, the volume is quite low, showing that the buying force is not strong. Therefore, in the short term it is still possible that BTC will have a slight correction before reversing to an uptrend.
* BTC.D
- Looking at the BTC.D chart shows that there will likely be a downward correction in the next few days + with the BTC trend being less volatile on the last 2 days of the week -> it is likely that in the next 2 days altcoins may have a recovery rhythm significantly.
(This article represents my personal opinion, please refer to it)
