June 12, Friday Night BTC Analysis



From the 4-hour chart, BTC's pullback and consolidation are basically over. It has tested the 90,800 area twice, indicating a solid bottom. In terms of technical indicators, the EMA monthly line provides strong support compared to the price, and the KDJ indicator is in the oversold zone and is trending upward, showing an imminent upward move.

Personal suggestion, for reference only (set strict stop-loss)
BTC can be long around 90,800-90,000, targeting 92,100-94,200
BTC-1.11%
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