In early trading on Monday, bitcoin quickly strengthen, and the price reaches US$65,750. The market value of the entire network of cryptocurrencies is 2.95 trillion, and the market value of Bitcoin accounts for 41.1%, and the network difficulty is raised to 22.67T. Data: The number of Bitcoin addresses with at least 0.01 Bitcoin hit a record high.
From a technical perspective, the weekly graph was under pressure and closed by hammer pattern. The daily graph was stable at MA10 and then rose quickly, maintaining a bullish trend. On H4 graph, bitcoin was stable at 65500 which indicates the bullish signal is strong. MACD went back to around 0 axis. RSI relatively strong. Overall, prioritise Buy at low position. The chart below is showing the key point and the estimated trend, the deciding point whether to buy or sell is near 65000.
Resistance：66200-67200-68500
Support：65500-65000-63500
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