0202 Bitcoin technical analysis daily:

The Bitcoin RSI indicator is currently above the 50 level in the neutral zone, and the MACD indicator is above the signal line, moving in a positive direction, and the overall configuration is bullish. Additionally, the price is currently trading above the MA20 and MA50 (42626 and 42403).

It is believed that the key central axis point is $42,440. As long as 42,440 holds, it will be bullish. On the contrary, another situation is that if it falls below 42440, the target will be 41680 and 41330.