$BTC 6.2 Bitcoin Market Analysis
From a big structural point of view, Bitcoin is still bullish. The overall trend is to continue to rise after the consolidation structure ends.
Pay attention to two trend lines: one is the small trend line, 66700 may be a new starting point; the other is a larger level support trend line, located around 63,000.
At present, the small level has not formed an upward trend structure, the price has become a straight line, and a new starting point needs to be found downward. Therefore, long orders are temporarily out, and new starting points will be found after the callback is in place.
Bitcoin long orders near 67500 are temporarily out, and long orders will be entered after the decline is in place. Short selling is not recommended.