Let's take a comprehensive look at the recent trend of Bitcoin from the technical, news and data aspects
Technically, Bitcoin is currently in a small range of fluctuations, and 136,000 is regarded as the key target of the first stage of the bull flag pattern. Due to the weekend closure of the U.S. stock market, market liquidity is limited, and price fluctuations tend to be flat
In terms of news, recent market rumors that Federal Reserve Chairman Powell may resign, but this was refuted by authoritative reporters. The S&P 500 had limited fluctuations on Friday, indicating that the market was not significantly affected
In terms of data, the activities of giant whales show a certain buying momentum. Yesterday, the giant whale bought 2,686 BTC, today bought 801, and this week a total of 8,187
On the whole, Bitcoin has a certain upward momentum in the short term$BTC