According to the 4-hour perspective observation of the Bitcoin technical chart, a standard step-shock upward channel has appeared, accompanied by a step-by-step trend. However, the lows gradually raised to form an upward channel. Yesterday's low was near 51,000, which became the key point for bulls today. It is recommended to continue to maintain the low long strategy and set up 51,000 as a defensive point. Combined with the reversal upward pattern shown by the Bollinger Dow indicator, the middle rail has become a support point and has been stabilized after repeated testing. Coupled with the third situation where it was touched yesterday and started to rise steadily, today's opening is near the upper rail, indicating a short-term breakthrough. High trend. The market price has risen from the middle track of the Bollinger Bands to near the upper track, and the overall trend is still upward. The KDJ indicator shows that the three lines are upward, and the opening is gradually expanding, indicating that the upward momentum is increasing. At the same time, both MACD lines are also rising. Although the speed is slower, bullish momentum is accumulating and the overall trend remains stable. Today's operation is recommended to go long directly after a slight retracement. For Bitcoin's market outlook, retrace to long positions around 51800-51500, and set the target around 53000-53500.
