10.9 Monday Bitcoin market analysis

Bitcoin fluctuates around the 28300-27000 area, with frequent long and short conversions. This rhythm is good, and the 10th session has doubled continuously.

At present, the four-hour Bollinger Bands are opening upwards, and macd is increasing its short positions. The currency price will fall back in the short term, but the downward trend will not be too much. After all, there is strong support at the bottom, and the overall direction is still upward, so it is recommended to step back and be bullish during the day.

Refer to the 27550-27650 area to be bullish and target the 28200 mark.