After reaching a peak of $102,800 last night, the price of Bitcoin has retreated and is currently correcting to around $102,000.
On the hourly chart, the MACD is about to form a death cross, but the overall trend on the four-hour chart remains bullish.
It is recommended to wait for a pullback before entering a long position, as the retracement to the support level will be the entry point.
The support level for Bitcoin is in the range of $101,500 to $101,700, with a target price of $103,000.
Simultaneously, operations can be performed with Auntie.
