The current price of Bitcoin is trading sideways between 68,000 and 68,400. After reaching a new high of 69,000, Bitcoin has been trading sideways in this range for almost ten hours. Now you can't go short, and the increase is not large. As mentioned above, Bitcoin's price behavior of falling sideways is digesting the selling pressure from above. At present, we can see that the one-hour macd has rested near the zero axis and is entangled together. The four-hour macd is far from the zero axis and has not been adjusted in place. In such a situation, I think Bitcoin will try 69,000 and 70,000 again. Yesterday, everyone was asked to place orders at a position of 68,000. At present, you can take it as long as the box does not fall below. If it falls below this shock box, go to the 66666 and 67,400 below to make a layout.

For the time being, I prefer Bitcoin to make an upward move after the weekend. If the price of Bitcoin does not fluctuate much this weekend, then Bitcoin will form a weekly level morning star mentioned above, which is a strong upward signal. If Bitcoin breaks through 70,000 and then 73,000, it will bring about a bull market surge. Please stay tuned.

I didn’t bring a computer, so I just did a simple analysis. Please forgive me. Follow me and I will bring you more first-hand advice.