Bitcoin bottomed out in early trading on Thursday and quickly rebounded nearly $3,000. Bitcoin tested a high $43,819, and it is currently quoted at $43,570. In the ranking of Bitcoin trading currencies, USDT ranks first, accounting for 60.08%. Reserve Bank of New Zealand: Central bank digital currency may bring benefits. Chairman of the Federal Reserve: The Federal Reserve is trying to evaluate whether to issue a central bank digital currency. South Korea’s FSC prohibits virtual asset service providers from trading their own tokens.
From a technical perspective, the daily candle closed by three consecutives bearish candles, forming Ladder Bottom but the first support from 40600 was obvious in the early trading. On H4 graph, bitcoin kept operate within the fluctuation zone at 40600-45000. BOLL narrowed and RSI had sign of changing direction. 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 44300.
Resistance：44300-45000-46300
Support：42600-41500-40600
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