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Cryptocurrency News Video
6.14 Bitcoin trend analysis: Bitcoin’s midline has a head and shoulders bottom structure and a double bottom structure. Go long near the 64700 trend line and the head and shoulders bottom rises, and the stop loss falls below
Jun 14, 2024 at 04:30 pm 比特币军长
What is the trend of Bitcoin today? What is the Bitcoin prediction?
6.14 Bitcoin price trend today: Bitcoin has been fluctuating for 24 days. At this stage, neither the long nor the short side has an advantage, and the transaction is more difficult. The trends at the midline and small midline levels are still unclear. Among the two possible midline trends proposed on June 5, the white line is for an increase after a head-and-shoulders bottom structure, and the yellow line is for an increase after a double-bottom structure. It is currently impossible to confirm which one will go.
As long as it does not fall below the trend line starting from 25,000, which is currently around 64,700, there is still hope for the completion of the head and shoulders bottom structure. If it falls below, you need to stop the loss. When constructing a long order, the stop loss position should be set at 64,700. Open a long position close to the trend line, hoping for the formation of its right shoulder and the breakthrough of the head and shoulders bottom.
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⚠️ Important statement: The video is only for personal experience sharing and prediction, not investment advice. The market is changing rapidly, risks are everywhere, and investment needs to be extremely cautious. Market analysis strives to be objective and fair. However, the information and opinions contained in the article are for reference only and do not constitute any investment advice for you. Please operate at your own risk and the author of this video does not assume any responsibility. The trading decisions made by investors still need to be based on their own risk tolerance.
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