Bitcoin continued to rise on Tuesday and the current price is at $49,200. Bitcoin miners' income has increased by 488% since Bitcoin halving, and the network difficulty has been raised to 19.89T, which is the sixth consecutive increase in difficulty. The number of BTC locked by the Bitcoin Lightning Network exceeded 3,000, breaking a new high record. Facebook's downtime caused the market value to be surpassed by Bitcoin. The Federal Reserve may begin the CBDC review process this week. Survey: Nearly 50% of Africans invest in cryptocurrencies to pay for their children’s future education.
From a technical perspective, the daily graph closed bullish and reached a new high the short-term. MA formed Golden Cross at low position. Indicators turned to bullish. On H4 graph, bitcoin went up and broke the fluctuation zone. Indicators showed bullish sign. 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 50000.
Resistance：50000-51000-52200
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