Bitcoin maintained the shock around 19503. Fan Yifei, Vice President of the People's Bank of China, mentioned digital RMB and financial technology related topics at the "Opening Ceremony of the Second Yangtze River Delta Digital Financial Industry Innovation Week and Suzhou Financial Support Industry Innovation Cluster Development Conference" on September 19.
Bitcoin BTCUSD - 4-hour K line diagram display:
The 4-hour chart shows that the bearish momentum remains weak and downward, the low short-term V-shaped shock, the market bearish sentiment remains unchanged, the MACD indicators remain in the bearish area, and the RSI indicators remain weak and hover below the 50 equilibrium line;
Empty turning point: 19652
Pressing position: 20025, 20349
Support position: 19182, 18890
Trading strategy: 19652 lower bearish, target 19182, 18890
Alternative strategy: 19652 upper bullish, target 20025, 20349