6.20 Market Analysis

BTC is still in a bearish trend, connecting highs and lows to form a clear downward channel. After three declines since the 7th, the lowest price has reached around 64,000. The trend continues the previous downward trend. From the moving average system, it has broken the MA120 moving average for two consecutive days. The sentiment continues to be depressed and pessimistic. The downward trend will continue in the future. Go short at highs!