Bitcoin remained volatile around 20774. Web3 enterprise chat tool developer Protico announced the completion of the Pre-Seed round of financing. The specific amount has not been disclosed yet. Currency wallet Blocto co-founder Hsuan Lee and others participated in the investment.
Bitcoin BTCUSD - 4-hour K-line chart shows:
Brief technical analysis:
Looking at the 4-hour chart: After the high short-term narrow-range consolidation, the short-term momentum is waiting for an opportunity to move down, and the short-term decline may continue. The MACD indicator is in the long-term area and the RSI indicator is in the long-term area.
Long-short turning point: 20922
Suppression: 21219, 21557
Support: 20495, 20197
Trading strategy: bearish below 20922, target 20495, 20197
Alternative strategy: call above 20922, target 21219, 21557