Super amazing! The latest Bitcoin market analysis and prediction by the academician of the currency circle on June 4 will surprise you
Let's review the strategy given yesterday. Yes, yesterday's real warehouse was also arranged near this position, near 69500, with a stop loss of 70000 to 70300. After being swept out, it was affected by the US market. At 9:30 pm, the US market opened and the big cake dived. It fell all the way from 70300 to 68000. After washing the longs and sucking the airdrops, it was washed back and forth. We must overcome our own reason and don't open positions randomly. When we reach the pressure point, we should do what we should do. As long as the position arrangement is reasonable, it is okay to exit with a small loss, right? Remember not to overdraw contracts, learn to wait for opportunities with short positions, don't open positions casually when you don't reach the point, and don't open positions at all when it is not a key point. Think about the principal first and then think about the profit. You must understand that the fundamental of trading is survival first, and then the income. Come on
Let's take a look at today's market. As of 3 am before press time, The current price of Bitcoin is around 69,200. After a while, it has returned to the initial opening point. The daily K-line has been standing near the EMA15 support point of 67,900 for many consecutive days. The sudden stretch is indeed unexpected. According to the current market trend, the bulls have not yet finished, but today's empty trend is too fast, so I didn't take the risk to take more near 68,000, missed the best entry point, and can only continue to wait for opportunities. KDJ golden cross is formed, MACD also begins to shrink and increase funds upward, DIF and DEA close at high levels, Bollinger Bands are still shrinking, the top rail pressure has reached 70,900, and the lower rail support has also reached 65,500. The market is likely to hit the pressure of the 70,000 integer mark again. You can pay attention to it and arrange it at a high level.
After the four-hour K-line hit the 70,000 mark, there is no There is some spare energy left, and the momentum is insufficient to start a correction. The K-line retraces to the EMA15 trend line near 68500, and the KDJ is severely closed downward. Pay attention to 68500. If it holds, there is still a chance to continue to explore. If it fails to hold, it will consolidate below. MACD goes up in large volume. DIF and DEA end the polarization and begin to cross the 0 axis to enter the upper side. After the Bollinger band opening K-line breaks the upper track, it has now returned to below the upper track line 69300. In terms of thinking, continue to buy when it retraces to the support, and consider covering short orders at high levels and strong resistance.
The specific reference ideas are as follows:
The entry point for long positions is 68500 to 68700, stop loss is 400 points, and the exit point is around 69500 and 70500.
After the entry point for short positions is 68500 to 68000, go short with the trend, stop loss is 400 points, and the exit point is 67000 to 66600.
Large range trend layout:
The pressure position is 70700 to 71000, short position layout, stop loss 71500, exit point 1000 to 3000 points,
The support point is 66000 to 65500, with many layouts, stop loss 65000, and exit point 1000 to 3000 points
The specific operation ideas are mainly based on the market data. For more information details, you can contact the author. The article is delayed. The suggestion is for reference only and the risk is borne by yourself
As a senior person in the currency circle, I have been committed to providing useful suggestions for everyone. I hope that everyone will take fewer detours and make fewer wrong orders in this market. Although I am sincere, the road of investment still needs to be explored by yourself. Learning is endless, and the experience learned is the real wealth!
There is no need to over-display strength. The key is to get more people's recognition. On the road of investment, it is more important to do yourself well than to prove your strength to others. Whether it is a mule or a horse, you will know it after pulling it out for a walk.
I am a currency circle academician, a warrior who strives to protect leeks. I wish my fans to achieve financial freedom in 2024. Come on!
This article is exclusively contributed by the currency circle academician and only represents the exclusive views of the academician. There is an in-depth study of BTC, ETH, DOGE, DOT, FIL, EOS, etc. Due to the time of article push, the above views and suggestions are not real-time and are for reference only. Risks are borne by the user. Please indicate the source for reprinting. Reasonable control of positions when making orders, do not operate with heavy or full positions. Academicians also hope that all investors understand that the market is always right. If you are wrong, you should summarize your own problems and not let the profits that should have been obtained fly away. There is no need to be smarter than the market in investment. When the trend comes, respond to it and follow it; when there is no trend, observe it and stay calm. It is not too late to wait for the trend to finally become clear before taking action. Tomorrow's success comes from today's choice. God rewards diligence, earth rewards kindness, humanity rewards sincerity, business rewards trust, industry rewards excellence, and art rewards heart. Gains and losses are inadvertent.Develop the habit of strictly setting stop loss and take profit for each order. The coin circle academician wishes you a happy investment!
