Technical analysis by OuChiBoy about Symbol BTC on 6/12/2023

At present, both from the perspective of fundamentals and technical analysis, we have reached a critical threshold. On the fundamental level, the US debt situation, the tightening market liquidity, as well as the allegations towards digital currency exchanges and corresponding tokens, all have arrived at a crucial juncture. Much of the sentiment will be reflected in the transactions of the secondary market (although it may have some delay and speculation), and the current trends perfectly validate this point. The region of the candlestick chart has already formed, and it's just waiting for the next move. Coincidentally, the inflation data is set to be released on the 13th, which aligns quite perfectly. BTCUSD ETHUSD SPX