On Thursday, Bitcoin bottomed out and went up. The current price is at US$57,250. In 2021, the number of transactions processed by the Bitcoin network every quarter is higher than that of Paypal. The number of non-zero Bitcoin addresses reached 38.76 million. The Asian Blockchain Game Alliance was established in Singapore.
From a technical perspective, the daily graph closed bullish. Bitcoin was stable at lower BOLL band and rebounded. Indicator was neutral. On H4 graph, bitcoin formed rectangle channel. MACD shrinks and moved around 0 axis. RSI was neutral. Overall, prioritise operation within fluctuation zone. The chart below is showing the key point and the estimated trend, the deciding point whether to buy or sell is near 57300.
Resistance：58600-59400-60000
Support：57300-55500-54000
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