Bitcoin Evening Thoughts
Yesterday morning, Bitcoin was in a downward trend. The market entity fell to the 42,100 line in the early morning, but Bitcoin inserted into the 41,625 line. Although the current market has fallen, it still rebounded to the 43,700 line again. The market has been fluctuating in the range in the past few days. At present, this wave of decline has been supported below. From the four-hour chart of Bitcoin, the Bollinger Bands are divergent, and the MACD indicator is sticking together. The KDJ three lines are about to turn upward, and the lower track of the Bollinger Bands supports the 42,000 line. Therefore, it is recommended to buy Bitcoin in the early morning.
Recommendations
42100-41800 long. Currently 42600-43600