BTC Analysis 23/06:

[Trung Duc]

After three consecutive days of strong gains, BTC paused around the $30k price level yesterday. Let's take a look at the outlook for BTC today.
On the D1 timeframe: Yesterday's D1 candle was a Spinning Top candle, indicating a balance between supply and demand with small upper and lower shadows.
BTC has established an upward trend on the D1 timeframe by breaking the downtrend line and forming higher highs. However, BTC has experienced a continuous strong uptrend without any corrections, and it is currently facing resistance at previous highs. Therefore, the scenario on the D1 timeframe suggests waiting for BTC to correct towards the support level below before buying.
On the H4 timeframe: The bullish momentum on the H4 timeframe is very strong, indicating that BTC may continue to consolidate around the $29.4k-31k range before experiencing a significant correction. Therefore, the short-term scenario for the day could involve trading within the range of $29.4k-31k.
(This article reflects my personal opinion, and I encourage everyone to do their own research.)

[Teddy Bear]

I agree with the viewpoint that BTC is facing resistance at previous highs and needs a correction before continuing the uptrend. This can provide an opportunity to buy at the support level below.

[Amanda Niko]

Oh I like how you used charts and candlestick patterns to illustrate your points. It makes the article easy to understand and visually appealing.

[samanx82hhy]

Thank you for sharing your personal opinion and recommending further research. It encourages independent thinking and ensures that people are familiar with the market situation before making investment decisions.

[Seven Nguyen]

The article provides a detailed analysis of BTC and explains the different timeframes clearly. It's very helpful in understanding the current trend of BTC and potential scenarios.

[NineCoTen]

So what do you think when btc reach the price 31k5 ? so can you tell me plan for future ?

[i love Lukaku]

Yeah i think btc can reach 35-38k in next week

[XTRAVAGANGA]

Your analysis is spot on. You might wanna put this skills to use in the ongoing Crypto Battle Royale even on Bitget exchange.