Bitcoin Price Analysis on 2026.6.20! #BTC
Just a heads up, I've set a protective take profit on my long position!
The weekend has been pretty stable, so right now it's all about watching the end of the upward bounce on the 1-hour chart. Once that plays out, I'll be closing my long position and liquidating my spot holdings.
Looking at the 4-hour candlestick chart, if the current 1-hour bounce can't break above 67292, that means the 4-hour segment from 59130 to 67292 has topped out. This would indicate a corresponding retracement on the 4-hour level, and the strength of that pullback will depend on how the market moves.
Personally, I think there's a high chance we break below the previous low of 59130, because looking at the daily chart, the pullback from 82850 to 59130 is incomplete. So from a trend perspective, breaking below 59130 would be ideal. Once we see some divergence, I can scale into my spot position up to 50%, but that's all in the future; let’s take it step by step.
Current positions: 100k USDT in spot (25% of my portfolio), 20k USDT in long futures position.
Trading advice: Keep an eye on when the current upward bounce from 62272 on the 1-hour chart ends to close out long positions and sell spot.
Be patient and let the market unfold; fast can be slow, and slow can be fast. If my analysis helps you stay calm in the face of the market, then please follow me, and let’s get rich together slowly! $BTC #比特币连跌4日STRC跌破面值
Just a heads up, I've set a protective take profit on my long position!
The weekend has been pretty stable, so right now it's all about watching the end of the upward bounce on the 1-hour chart. Once that plays out, I'll be closing my long position and liquidating my spot holdings.
Looking at the 4-hour candlestick chart, if the current 1-hour bounce can't break above 67292, that means the 4-hour segment from 59130 to 67292 has topped out. This would indicate a corresponding retracement on the 4-hour level, and the strength of that pullback will depend on how the market moves.
Personally, I think there's a high chance we break below the previous low of 59130, because looking at the daily chart, the pullback from 82850 to 59130 is incomplete. So from a trend perspective, breaking below 59130 would be ideal. Once we see some divergence, I can scale into my spot position up to 50%, but that's all in the future; let’s take it step by step.
Current positions: 100k USDT in spot (25% of my portfolio), 20k USDT in long futures position.
Trading advice: Keep an eye on when the current upward bounce from 62272 on the 1-hour chart ends to close out long positions and sell spot.
Be patient and let the market unfold; fast can be slow, and slow can be fast. If my analysis helps you stay calm in the face of the market, then please follow me, and let’s get rich together slowly! $BTC #比特币连跌4日STRC跌破面值