【Bitcoin Market Analysis】
So far, all the major tokens are still on the process of increasing, and the Bitcoin price broke the $9,000 mark. The whole trend is climbing along the MA5, and the MACD is still performing strong. A decline happened due to the trading volume was short of a further increase. However, the uptrend is already formed, the market tends to boom as each EMA separates. Thus, Long on dips while the support at $9,000 will be a good choice.
In the short-term, in the 30-mins and 1-hour chart, the adjustment has proceeded for a while. Long is available when the pressure at $9120 can be broken. The upward channel is presented in the 4-hours chart.
