On Wednesday, Bitcoin fell and rebounded. On Thursday, it continued to rise. It broke 44000 point, with an increase of 1.8%, and the current price is 44,100 US dollars. Bitcoin transactions accounted for approximately 55.48% of USDT, and the inflow of Bitcoin into centralized exchanges has increased in the past two weeks. Chairman of the Federal Reserve: Is evaluating whether to issue central bank digital currency, Biden plans to nominate cryptocurrency critic Omaro as the head of the U.S. Office of the Comptroller of the Currency.
From a technical perspective, the daily candle closed bullish. The lowest point was far away from the moving average and triggered a rebound. On the daily graph, around 45000 has become a resistance point. The indicators were still bearish. H4 graph shows formation of an effective double bottom pattern. RSI was around 50 but MA was still bearish. Overall, prioritise operation 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 42800.
Resistance：45000-45900-46800
Support：43600-42800-41500
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