BITCOIN PRICE ANALYSIS: KEY AREAS BETWEEN $64K AND $65K

ForexLive reports that the spot price of Bitcoin is traded within a narrow area between approximately $64,085 and $65,050, which is the upper point of control and value area last month. If the day line closes outside the zone, the next important lead in the direction will be provided, while the two-day closings will provide a stronger confirmation signal. At present, bitcoin is trapped between $64,085 and $65,050, and if the day-line collection is above $65,050, it will reinforce the rebound and may form a cattle-town flag, and if the day-line collection is below $64,085, it will weaken and focus on the support below. The performance of bitcoin usually affects the risk preferences of the encrypted market, which, if valued above $65,050, may improve the risk preferences of the Taifeng and other highly volatile currencies。