Bitcoin has remained volatile around 18958. According to the payment portal in Colorado, Colorado residents can now pay state taxes with cryptocurrency through PayPal. Payment is made through PayPal Cryptocurrencies Hub, and additional expenses are incurred.
Bitcoin BTCUSD - 4-hour K line diagram display:
The 4-hour chart shows that the power of low short positions fluctuates again slowly, and the market short positions are shrouded in sentiment, and there is no sign of final stop. The MACD indicator is in the short positions area to maintain consolidation, and the RSI indicator is in the weak position below the 50 equilibrium line;
Empty turning point: 19049
Pressing position: 19403, 19723
Support position: 18661, 18325
Trading strategy: 19049 lower bearish, target 18661, 18325
Alternative strategy: 19049 upper bullish, target 19403, 19723