Bitcoin broke through $62,000 on Friday or an increase of 1.6%. Bitcoin active addresses remained above 1 million for 5 consecutive days. The Bank of Spain requires financial institutions to report on encryption plans for the next three years. British digital bank Revolut plans to establish a crypto exchange.
From a technical perspective, the daily candle of Bitcoin fluctuated around MA5 and MA10. Bitcoin lost its direction. On H4 graph, BOLL was flat, and the candle graph was back and forth around middle BOLL Band. RSI was at around level 50. 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 60600.
Resistance：63500-64300-65500
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