Crypto Circle Academician: On June 16, Bitcoin bulls are still consolidating at the bottom, and testing the $100,000 level may become a key point for future trend changes! Latest market analysis and reference suggestions.

CN
17 hours ago

The essence of trading is survival, followed by profit. Therefore, before each operation, think carefully about whether your actions are reasonable and whether your capital is safe. You need to develop a trading mindset that belongs to you, continuously optimizing and improving it. Although the suggestions from the crypto circle academicians may not make you rich overnight, they can help you persist. Only those who survive in the crypto space for the long term and stick it out until the end can achieve the results they desire. I hope you understand.

I am a warrior in the crypto circle, always protecting the retail investors. I wish my followers financial freedom by 2025. Let's work hard together!

Crypto Circle Academician: June 16, 2025 Bitcoin (BTC) Latest Market Analysis

The current price of Bitcoin is 105,700. It is now 1:30 AM Beijing time. Bitcoin has stayed above the 100,000 mark for six weeks without any major positive or negative news. It is expected to continue to consolidate above 100,000. Whether for short-term or medium-term strategies, it seems that the best entry points are around 110,000 for a downward move and near 100,000 for an upward move. For retail investors, this is not the case; trading in waves is actually the most flexible approach. If you only focus on these two positions, it is easy to end up with nothing left. A high sell-low buy strategy is more suitable for the current bull market of Bitcoin.

Before the article was published, the daily K-line reached a high of 106,150 and a low of 104,850. The strategy provided yesterday was correct; the upper pressure level is effective. Congratulations to everyone for taking profits with a short-term wave profit of 1,000 points. Currently, the daily K-line is blocked by the EMA30 trend support at 105,150, constrained by the fast line pressure level at 106,200. The MACD continues to shrink in volume and increase in positions. The Bollinger Bands continue to consolidate in a box pattern. The upper track is focused on 110,300, and the lower track is focused on 101,900. Friends with a thick bottom can open a light two-way position at the current price level. As for the operation, those who understand will understand.

The four-hour K-line is currently in a downward trend. The EMA trend indicator has formed a downward alternating expansion double death cross trend. The top trend pressure level is focused on 106,000, which has been effectively suppressed. Although the MACD has been continuously increasing in volume, the DIF and DEA are still below the 0 axis. A short-term pullback does not indicate the start of a bullish trend. The Bollinger Bands are contracting, with the upper track pressure level at 106,650 and the lower track at 104,100. The strategy remains unchanged: focus on short positions at high levels and consider whether to go long when testing near 100,000.

Short-term reference: The market is never 100% certain, so always set stop-losses. Safety first; small losses and big gains are the goal.

For upward testing points, 102,500 to 102,000, with a defense at 101,500, stop-loss at 500 points, and a target of 103,500 to 104,500. If broken, look at 105,500.

For downward reference points, 106,000 to 106,500, with a defense at 107,000, stop-loss at 500 points, and a target of 105,000 to 104,000. If broken, look at 103,000.

Specific operations should be based on real-time market data. For more information, you can consult the author. There may be delays in article publication; the suggestions are for reference only, and risks are borne by the reader.

This article is exclusively contributed by the Crypto Circle Academician and represents the unique views of the Academician. In-depth research has been conducted on BTC, ETH, DOGE, DOT, FIL, EOS, etc. Due to the timing of the article's release, the above views and suggestions are not real-time and are for reference only. Risks are borne by the reader. Please indicate the source when reprinting. Manage your positions reasonably and avoid heavy or full positions. The Academician also hopes that all investors understand that the market is always right. If you are wrong, you should summarize where the problem lies. Do not let the profits that should be yours slip away. There is no need to be smarter than the market. When a trend comes, respond and follow it; when there is no trend, observe and remain calm. It is not too late to act once the trend becomes clear. Tomorrow's success stems from today's choices. Heaven rewards diligence, the earth rewards kindness, humanity rewards sincerity, business rewards trust, industry rewards excellence, and art rewards passion. Gains and losses often occur unexpectedly. Develop the habit of strictly setting stop-losses and take-profits for each trade. The Crypto Circle Academician wishes you happy investing!

Warm reminder: The above content is solely created by the author of the public account. The advertisements at the end of the article and in the comments section are unrelated to the author. Please discern carefully. Thank you for reading.

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