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Currently, most of the altcoins and new coin lists have been divided by 7 divided by 10... similar to each other. Along with it, the lever 2 peak swing generation has also been born (my condolences to the peak swing brothers).
Currently, the boll band of BTC weekly frame is starting to become a bottleneck, the fluctuation range is gradually narrowing to about 26 thousand prices (76k6xx -51k8xx).
This is the most observable stage of the price line. Currently, in my opinion, the price of BTC will not fall too deeply below 60k.
The period from now until the first half of July will be a period of 12k price range (60k -72k) and then it will break (likely to be a sudden blip when investors mistakenly think the 60k area is next uptrend zone)
Above is the short-term view scenario of BTC. Each stage the DH team will update regularly with ptkt and onchain for you guys.
Today: Tuesday (June 18, 2024), there will be some notable things as follows:
1. The dxy index (dollar strength index) decreased slightly and is at 105.34 points
2. Brown sharks flushed out this morning, while the remaining purple and green whales participated at an average level.
3. The sell wall is still being gradually pushed closer to the price line, the phenomenon of liquidity shortage is happening when the buy wall in the 63k-64k area has not been pushed up.
4.BTC.DOM is not supporting altcoin growth as the value could rise to 2600 again.
Today's plan will not catch the bottom like yesterday, but will watch for confluence resistance points in the H1 frame to scalp SHORT.
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