Mr. Coin in the Crypto Circle: 6.19 Bitcoin (BTC) Market Analysis Reference

Bitcoin is currently trading around 63000,and the daily trend maintains a weak oscillation. Subsequently, we should beware of the price breaking down below the key support at 62000, which could let the market further plunge. Currently, the trend is performing as expected, with the price dropping over a thousand points and touching the vicinity of 62200. The oscillation range has been broken, leaning toward a downward trend. Later, we will pay attention to the 62000 support; if it breaks, there is a possibility of a further retreat to around 60000, so the breakout can be utilized for shorting gains again.

Looking at the short-term hourly chart, with this wave of breakout plunge, the downward space has been further opened up. Currently, the rebound strength is weak, and the trend is inclined downward. We suggest waiting for a rebound to move south. Pay attention to the 64500 resistance area,follow Mr. Coin for real-time market analysis.

6.19 Bitcoin Short-term Reference:

Short down from the range of 65500-74500, defend at 67500, stop loss at 500 points, target below 73500

Long up from the range of 61300-60300, target above 625000, stop loss at 500

There might be delays in sending, the strategy suggestions are for reference only. The market changes rapidly; no matter how accurate your market judgment is, always manage your profit-taking and stop-loss carefully to ensure secured gains.

6.19 Ethereum Short-term Reference:

Short from the range of 1815-1785, defend at 1870, target below 1730,

Long from the range of 1560-1610, defend at 1450, target above 1660,

There might be delays in sending, the strategy suggestions are for reference only. The market changes rapidly; no matter how accurate your market judgment is, always manage your profit-taking and stop-loss carefully to ensure secured gains.

For more real-time single strategies, online technical learning, and exit strategies, you can follow the mentor's public account (Mr. Coin Talks About Crypto) to get addition methods: The first ten each day can receive free strategies for exiting positions.

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