Bitcoin began to fall significantly around 11 p.m. on the 13th, reaching a low of $62,050, but soon made a V-turn and pulled back above $63,000, then fluctuated around $62,500, and then suddenly rose sharply from $62,500 at 11 a.m. this morning, rising to a high of $65,188, setting a new high for this month. As of the time of writing, the price was quoted at $64,830, up about 3.1% in the past 24 hours.
　
Bitcoin four-hour chart
　
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First of all, according to the Bollinger Band indicator in the Bitcoin 4H level chart, the current price has broken through the upper Bollinger Band, which is an obvious upward signal, indicating that the market sentiment is relatively optimistic. Currently running near the upper band, although it will bring some callback pressure in the short term, as long as the price can maintain between the middle and upper bands, the market will still maintain a bullish trend.