JUNE 19 Bitcoin chart analysisBTCUSD Perpetual ContractBYBIT:BTCUSD.PBitCoinGuideHello It's a Bitcoin Guide. My analysis is optimized for TradingView. If you press the Replay button, you can check real-time movements. This is the Bitcoin 30-minute chart. I haven't been able to look at the chart in detail lately because I've been so busy. The reason Bitcoin has been falling so sharply was due to the MACD Dead Cross on the weekly candlestick. The pattern has now been imprinted. Also, the 12-hour chart is currently in progress. This is very important. We will check whether the Dead Cross is imprinted on the 12-hour chart at 9:00 AM shortly. If it doesn't rise above "Good" by the end of this week and just consolidates without a significant drop, it could rise starting next week. Of course, there is one key point, but I will explain that part again next week. The current position has many turning points, but I have summarized them as simply as possible. *When the light blue finger follows the movement path, or during a vertical drop, it is a two-way neutral strategy of switching from Short to Long. 1) Light blue finger: $62,900 short position entry zone / Stop loss upon breakout of pink resistance line 2) Switch to long position at $61,301.2 / Stop loss upon breakout of light blue support line 3) $63,731 Top zone: 1st long position target -> Good 2nd target - If the rebound is too strong here, a MACD dead cross could occur again on the weekly chart next week, so it is best to see moderate sideways movement. 4) If the price fails to touch the light blue finger and falls after touching zone 1, switch to a long position at zone 2 below. - This is a condition for a vertical decline; you may enter a short position at zone 1, or set a stop loss upon breakout of the pink resistance line -> zone 2 represents the case where the market closes with moderate sideways movement. 5) Upon Touching the Bottom Zone $58,032.3 is today's major support line. Touching this zone creates the conditions for a continuous rise starting next week without breaking the low. Please use my analysis merely as a reference and for practical application. I hope you operate safely by strictly adhering to trading principles and using stop-loss orders. You worked hard this week. Have a great weekend. Thank you.