The National Day holiday has passed in a flash. Now looking at the market, it is really as we expected. In the morning, Bitcoin rushed to 63,900, but then it did not continue to rush up, but began to adjust slightly. This kind of small fluctuation is quite normal, and it often happens after a big market. The current adjustment is actually accumulating power for the subsequent rise. In general, the upward trend has not changed, and we continue to be bullish.
From a technical perspective, the current price of Bitcoin is fluctuating between 62,000 and 64,000, and the overall trend is upward. On the daily K-line chart, there are continuous positive lines, which shows that the bulls are strong. We should just follow the trend. On the MACD 4-hour chart, the bar chart changes from green to red, and the DIF line also crosses the DEA line. These are all bullish signals, and the bulls are quite effective.
If you operate Bitcoin at noon, it is recommended to buy between 63,200 and 63,600, and the target is set between 63,900 and 64,500.
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