Coin Circle Liying: 6.13 Bitcoin (BTC) Latest Market Analysis and Trading Suggestions

　　Dear family, the current price of Bitcoin is 63800. The big coin previously dropped from a high of 75500 all the way down, finally stabilizing around 59130. In the past few days, the K-line has been moving up like a small shuffle, and the trading volume is slowly catching up. It feels like it wants to go from lying flat to standing up? But don’t rush; there are moving averages above pressing down. We need to figure out whether this wave is a rebound or a real reversal before making any moves.

　　From the technical perspective with EMA indicators, both EMA7 and EMA30 are forming support below the current price, indicating short-term bulls are dominant; however, EMA120 is like a mountain pressing down, and breaking through it will signal a trend reversal. In terms of MACD, after a golden cross above the zero axis, the red histogram is continuously expanding, indicating that bullish momentum is still being released, but we must be cautious of top divergence risks. The middle line of the Bollinger Bands at 63220 is supporting the price, the upper line at 64106 is a short-term resistance level, while the lower line at 62335 is the defensive baseline. Overall, we are currently in a recovery phase after a downward continuation, and the key is whether we can突破 the EMA120 and the resonance pressure area of the upper Bollinger band with increased volume.

　　Short-term reference:

　　For long positions, 63000-62500, exit if it drops below 62000, with a target above 63500 aiming for 64500.

　　For short positions, 64000-64500, exit if it falls below 65000, with a target below 63000 aiming for 62500.

　　The above content is exclusively original to Liying, please indicate the source when reprinting! Article publication reviews have delays, the market changes rapidly, the above suggestions are for reference only, and risks are to be borne by yourself. I hope Liying's appearance will be helpful to you!

　　The content of the article is real-time and for reference only, risks are to be borne by yourself.

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