Bitcoin remained volatile around 20,466. Gary Gensler, chairman of the Securities and Exchange Commission of the United States, sent a message on social media to congratulate the 14th anniversary of the release of the Bitcoin white paper and the 14th anniversary of the release of Nakamoto Cong's white paper. It has brought innovation and investment in crypto assets. As crypto currency enters its 15th year, let's ensure that investors are properly protected.
Bitcoin BTCUSD - 4-hour K line diagram display:
The 4-hour chart shows that the space of high amplitude gradually narrows, the overall market trend starts, short sellers have signs of waiting for an opportunity to enter, MACD is on the top side of axis 0, and RSI indicators are hovering around the 50 equilibrium line;
Multi empty turning point: 20,509
Pressing: 20726, 20932
Support: 20,286, 20,086
Trading strategy: lower bearish in 20509, target 20286, 20086
Alternative strategy: 20509 is bullish, target 20726, 20932