The global market value is $1,814.222 billion, with a 24H increase of +3.4%, a 7-day increase of +14.25%, of which the market value of BTC is $758.393 billion, accounting for 41.8% of the global market value, and the price is $40,500 (+3.6%). BTC contract holdings amounted to RMB 31.692 billion, +4.41% from the previous day. Tesla may have bought a total of 37,000 bitcoins, some of which are still at a loss. From a technical perspective, Bitcoin's daily candle breaks through the one month key point at 40.000, and faces a strong resistance between 40.000-42.000. The H4 graph shows the formation of double which has strengthened and the indicator has resumed bullish momentum. However please be cautious to buy more before Bitcoin stabilises at 43000. Overall prioritise operation on fluctuation zone. The deciding point whether to buy or sell is near 43.000.
Resistance:41000-42000-43000
Support:39300-37800-36400
Disclamer: The report is speculatif and DO NOT guarantee profit. Not financial advice. Please trade at your own risk.
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