Bitcoin (BTC) fell to a low of $57,600 yesterday, and then rebounded strongly at night, rising to a high of $61,300, with a fluctuation range of $4,000.
A large positive line was formed at the close.
From the technical indicators, the fast and slow lines of the MACD daily level are challenging the zero axis, and the fast line has touched the zero axis. At the 12-hour level, it successfully broke through the zero axis last night, pushing the price up to $61,300.
It is worth noting that the 3-day line formed a golden cross below the zero axis, which is the third golden cross since the 3-day line fell below the zero axis. As the old saying goes, "Things never happen more than three times", we need to pay attention to the closing pattern of the 3-day line on the 20th. 📈 Want to learn more about the logic of cryptocurrency investment? Please visit my main Ye Jianjie.
If the market can stabilize at the $60,000 mark, it will form a flip-yang-enclosing-yin pattern, and the future trend will be clearer.
