$BTC Yesterday, Bitcoin reached a peak around 106,488, right at the 20-day line of 106,510 where it found resistance and slightly retraced. This bounce from around 100,000 to 106,000 exceeded expectations.

From the perspective of the daily MACD, it would be better to have another pullback here before a golden cross. Combined with the current trend of the daily candles, it remains bearish until it effectively sits above the 20-day line. Currently, the 60-day line has risen to around 98,900, and a test of the 60-day line is expected this week, with a high probability of a false breakout.