【BTC Market Analysis】

The four-hour chart of Bitcoin formed a doji candlestick pattern on the 28th, and yesterday it reached 63800 without breaking through, resulting in a small pullback. The moving averages are still in a bullish arrangement, so the market is likely to continue fluctuating in the near term. It would be better to enter the market for long positions on dips today, but pay attention to the turning points in the U.S. session.

The one-hour KDJ indicator is flattening out below and is about to enter the oversold zone.

The one-hour support candles formed two double bottom doji signals at 59700 and 59230 on the 29th.

The middle Bollinger Band on the four-hour chart is around 59300.

Therefore, pay attention to the support levels today: 60200, 59700, and 59300.

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