Currently, Bitcoin is in a range-bound trend. Our upward perspective from yesterday has been validated. This morning, it began to oscillate downwards, but the intensity is not very strong. In the four-hour view, the price of the coin is still operating above the mid-track, and the upward trend remains. From a technical standpoint, the KDJ golden cross shows signs of turning upward, while the MACD is continuing to rise slowly, and the fast line is forming a golden cross trend. On the daily level, although there is some pressure at the mid-track, the recent position of 99450 has also been broken. It’s only a matter of time before we break through the 100000 mark again. It is recommended to slightly adjust downwards and continue to look upward.
Bitcoin: Buy near 97700, target 99500, 100800
