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Bitcoin intraday weakness, oscillating downward to the low near 71,700. Our morning target was perfectly reached, closing at 15,000➕50 points.
From the 1-hour chart, the candlestick broke below the middle Bollinger Band, stabilized above the lower band, and the Bollinger Bands are narrowing. The momentum bar for the target is starting to decrease in volume.
From the 4-hour chart, the candlestick is under pressure at the upper Bollinger Band, which is moving upward. The MA moving averages are showing a golden cross.
Tonight's forecast: around 72,300-71,800, looking towards 73,300-74,300
Tonight's forecast: around 2,100-2,080, looking towards 2,150-2,180
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