BTC rose rapidly in early trading on Tuesday, breaking through 52,500 U.S. dollars and is now at 52,650 U.S. dollars. The intraday increase has reached 1.5%. The current Bitcoin network difficulty is 17.62 T, the market dominance has dropped to 40%, and the number of active addresses has reached a 3-month high. Bitcoin perpetual open positions exceeded $16 billion, the highest level since mid-April. Data: The total market value of NFT tokens exceeded 33 billion U.S. dollars, a record high. Bitcoin mining consumes 0.5% of the world's electricity.
From a technical perspective, the daily line closed with 6 consecutive bullish candles. The market sentiment is bullish. The overall indicators were bullish and there was no sign of correction. On H4 graph, the graphic formed Upper Ladder, MA diverged, and MACD volume kept strengthening. Overall, prioritise Buy at the low position 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 51000.
Resistance：53100-54000-55000
Support：52000-51000-50000
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