OurBit (Obit) Liquidation Daily: Bitcoin is still in an uptrend and appears to be hovering all the way to the $ 30,000 mark.

BTC continued to rise slightly yesterday, hitting a high of 29,600 and then falling to 28,600 to seek support. It is currently hovering around 29,400 and is still in an uptrend. OurBit Gold Medal Analyst: From a time point of view, the market moves up the Bollinger Bands, the KDJ 3-wire golden cross diverges upwards and at the daily level the market hits the upper trajectory Bollinger bands. The group is gearing up for KDJ Golden Cross's 3rd upward surge. Since December of last year, Bitcoin has continued to break new records, breaking 29,300 highs at a time, with Bitcoin rising nearly 50% at a time. during the 10th month alone. This strong competition is linked to three factors: the weakness of the US dollar, financial risks and the demand for security. From our current perspective, volatility has increased, the overall rise is positive, and the market will gradually rise to the $ 30,000 level. In terms of functionality, it is better to do more in the hollow. Concentrate on the lower 29,000 and 28,600 and the upper 29,650 and 30,000. Recent markets are heavy, so be careful with risk management.