Bitcoin continued its bullish trend in early trading on Tuesday, hitting a new high of $62,972 and is currently trading at $62,400. The difficulty of the Bitcoin network has been raised to 20.08T, the seventh consecutive increase since August. Grayscale officially confirmed its plan to submit a Bitcoin spot ETF application. Report: Indonesia's interest in cryptocurrency surged in 2021, ranking first in the world. The United States and Kazakhstan account for the world's top two in terms of bitcoin mining, and Australia's cryptocurrency ownership rate is third in the world.
From a technical perspective, the daily graph closed by three consecutive bullish candles. MA diverged upward; RSI maintained its bullish trend above level 60. On H4 graph, bitcoin stepped on middle BOLL band, moving upwards, and formed upper ladder. Current resistance is at 63000. The indicators showed bullish sign. Overall, prioritise Buy. The chart below is showing the key point and the estimated trend, the deciding point whether to buy or sell is near 63000.
Resistance：63000-64000-66000
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