$BTC Analysis

At present, it can be considered that Bitcoin is adjusting after breaking through the previous high

It stepped back to the support position of the previous high conversion, and continued to fluctuate widely for three months, and consolidated near the previous high for three months. I personally think this is a strong performance of BTC.

Key support level: 61,000 is an important support from March to May. The position of 57,500 is the high point of 2021, and it is also the position of the pin that fell below 61,000 in early May. If it falls below this support level, then the strong trend may be clearly denied at the weekly level, and the bear market will come.

If BTC wants to set a new high, it needs 69,000 as support and break through 72,000. The four recent attempts to break through in the chart have not been successful.

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