Bitcoin market analysis, ending with 🧧🧧
Currently, Bitcoin is showing a fluctuation trend on the 1-hour chart, with a price increase of 0.47% in the past hour.
Immediate resistance: The 7-period EMA and 25-period EMA form initial resistance at 68548.98 USD and 67803.58 USD, respectively.
Bollinger band upper limit: The upper limit of the Bollinger band is at 69415.67 USD, which is a strong resistance for short-term upward movement. There is selling pressure above 70000 USD, which is a key point that bulls need to break through.