Bitcoin Trend Analytics May June 9th

87
BTC is swinging around the center in the box within the triangle of the downward channel.

Box: $32120.81~$28186.09. Center: $29850.35

Longs and shorts flip violently. (Not a good time for trading as risks are more than returns.)

The overall movement is negative.

Keep monitoring the center and the key support.

US CPI stats will come out tomorrow.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.