Bitcoin has shown a gradual recovery after a significant recent pullback. The previous sharp decline has actually served to fully release risks and alleviate selling pressure. From a technical analysis perspective, the price has successfully stabilized at a key support level and is beginning to rebound, with various moving average indicators also starting to turn upward.
Market confidence is gradually recovering, and there are signs of capital inflow. If no major negative factors appear in the market environment going forward, supported by both fundamentals and technicals, this upward trend is likely to continue.
It is recommended to pay attention to long opportunities in the range of 101800-102300, with a target price of 104000.
The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
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BullBearTrader
· 06-22 10:05
Texas Governor Greg Abbott signed Senate Bill 21—also known as the Texas Strategic Bitcoin Reserve Act—into law
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WealthCoffee
· 06-22 09:50
Those who miss out, sit tight.
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DogeBachelor
· 06-22 09:45
I believe in the interval, you hammer.
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StakeWhisperer
· 06-22 09:44
Short Position看着就是爽~
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AirdropHarvester
· 06-22 09:36
Suo! One hundred thousand charge!
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StakeOrRegret
· 06-22 09:32
Slow down, don't brake suddenly.
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DaoGovernanceOfficer
· 06-22 09:31
*sigh* empirically speaking, these support levels are statistically insignificant
June 22 Bitcoin Market Outlook:
Bitcoin has shown a gradual recovery after a significant recent pullback. The previous sharp decline has actually served to fully release risks and alleviate selling pressure. From a technical analysis perspective, the price has successfully stabilized at a key support level and is beginning to rebound, with various moving average indicators also starting to turn upward.
Market confidence is gradually recovering, and there are signs of capital inflow. If no major negative factors appear in the market environment going forward, supported by both fundamentals and technicals, this upward trend is likely to continue.
It is recommended to pay attention to long opportunities in the range of 101800-102300, with a target price of 104000.