Evening Analysis of Bitcoin
From a technical perspective, the Bollinger Bands on the hourly chart for Bitcoin are opening upwards. The 4-hour chart has broken through the descending channel, and the daily chart has broken out of the consolidation, with volume confirming its effectiveness; the short-term RSI is overbought but the momentum is strong.
Trading suggestions: consider going long at 118500 and 118800, with targets of 125000-128000. $BTC #BTC☀