Bitcoin BTC:

It is currently below the 60-day moving average and has not returned above the 60-day moving average of 42200 for only one day. The short-term downward adjustment may end later.

Yesterday, the spinning hammer line was closed. The lower shadow was longer and had a certain amount of volume, indicating that there was pressure to take over near 40,000.

The divergence pattern at the bottom of 4 hours is already very obvious. If nothing unexpected happens, there will be a rebound trend during the weekend. Just wait.

Rebound pressure reference: near 44800; near 45800; limit near 47000; strong support: near 40300;

If you have any questions, please check the concise $BTC