The polarities of market sentiment test the trader's composure! After a decline in the early morning, the price of the coin has welcomed a wave of increase, having just risen to the high point of 118542 and 3850 line,
From the perspective of the Bitcoin 4-hour chart, this wave of rise is within expectations. The decline last night was just to leave enough upward space above, facilitating the coin price to climb steadily. After the K-line formed a long lower shadow, the current coin price has also reached near the middle band of the Bollinger Bands. From a technical perspective, the MACD indicator shows a golden cross turning signal, and the RSI and KDJ also appear simultaneously. This wave of market trend is climbing steadily, and a technical correction is certainly expected later; we maintain a bullish outlook.
