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Bitcoin's head movement is obvious, with a stepwise upward trend reaching the high of around 69,547. Currently, it has pulled back to around 68,600. Our previous night's head perfectly reached 2,200➕50 points.
From the 1-hour chart, the candlesticks show three consecutive bearish candles pressing against the upper Bollinger Band, which is narrowing. MA5 and MA10 are in a death cross pattern.
From the 4-hour chart, the candlesticks touch the upper Bollinger Band, which is narrowing. The head's momentum bars are increasing.
Morning forecast: Range around 68,800-69,300, looking towards 67,800-66,800
Morning forecast: Range around 2020-2040, looking towards 1970-1940
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