June 11 Bitcoin (BTC) Ethereum (ETH) market analysis [Will Bitcoin go to 120,000?]

Title: Yes, it will definitely happen!
【Flatbread】
🔹Let's first look at the weekly trend for Bitcoin. The overall direction remains bullish, still bullish. Then we need to pay attention to two points. A couple of days ago, Bitcoin strongly crossed the boundary line of 106800, indicating that it has entered a buy trend. However, this does not mean that Bitcoin directly enters the main upward wave. We need to focus on the point of 110500; if it does not break this level, it suggests that Bitcoin will move in a zigzag pattern during the B wave consolidation. If it breaks, we should look out for a potential buy to reach new highs at the positions of 112000-113500. The zigzag adjustment will also turn into a platform-type adjustment for the B wave. The overall pullback strategy remains unchanged, and I will discuss the upcoming movements of the A wave below. Pay attention to the pullback points at 101000 and 107500.

🔹Today, we only need to pay attention to the 108000 strong and weak line and the 106000 dividing line. As long as 108000 does not break, we will continue to consolidate at a high level in the range of 108000 to 110500. If it breaks, it will directly pull back to the 106000 dividing line.

🔹Pressure: 110500
🔹Support: 108000, 106300
➖➖➖
【Two Cakes】
🔹I believe everyone is very clear about the second coin. The line in the picture is something I provided a month ago. Currently, the second coin has tested it multiple times. Only if it truly breaks this line will the second coin have a trend for a rebound. Tomorrow, I will analyze the overall trend for everyone regarding the second coin.

🔹Pressure: 2820, 3070;
🔹Support: 2670, 2570;