According to the analysis of Bitcoin's 1-hour candlestick chart, the price of Bitcoin fluctuated yesterday. After the initial rise, the price of Bitcoin unfortunately fell back, sliding from the middle track of the Bollinger Band to below the lower track, and then rebounded. At present, the price of Bitcoin has successfully rebounded above the lower track of the Bollinger Band, showing an upward trend. In the MACD indicator, the two lines also began to rebound after hitting the bottom, showing signs of upward movement. At the same time, the short-term momentum gradually weakened, and the bullish trend was quietly emerging.

In terms of the KDJ indicator, the three lines intersected and diverged upward, further confirming the power of the bulls. On the whole, the price of Bitcoin today may be dominated by low-level bulls, and market sentiment is expected to turn positive. Investors can pay close attention to the subsequent trend and seize potential bullish opportunities.

Short-term trading

Bitcoin is around 97000-97500, and the target is 98500-95000

Appearance is around 3370-3300, and the target is 3460-3500#