On Sunday Bitcoin continued to rise, reaching a maximum of 45290, and falling back on Monday. The current price of Bitcoin is at 43450. The current BTC network computing power is 112.01EH/s, and the network difficulty is 14.50T. It is expected that the difficulty will reach 15.44T in 4 days and 7 hours. In 2021, 30 blockchain projects around the world have raised more than 100 million U.S. dollars. Brazil launched an eco-friendly Bitcoin ETF. Dogecoin-themed hot dogs completed the auction for 15,000 U.S. dollars.
From technical perspective, Bitcoin continues to be closed bullish and rise. The market has a complete bullish structure. MA showed bullish divergence. H4 graph shows that the short-term MA is under pressure and continued to operate above the middle BOLL. MACD maintains bullish positions. Overall, prioritise Buy within the fluctuation zone. The chart below is showing the key point and the estimated trend, the deciding point whether to buy or sell is near 42400.
Resistance：44500-45300-46600
Support：42400-41300-40000
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