Bitcoin Trend Analysis Today

The current price of Bitcoin is 108000, and the highest daily K-line is 112600. The short-term trend has been lost, especially the 109400 mark. There is a high probability that the next step will bottom out at the 0.618 large-scale support of 105400. There is a short-term correction trend. The daily K-line bottomed out at the lower Bollinger band support of 108000. There is demand for a correction. The four-hour K-line came to the short-term support. MACD continued to shrink and increase, and the bearish trend continued. At least the overall trend is bearish. The lower Bollinger band of 108650 was also lost. Today’s short-term trading strategy is mainly shorting at highs.