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Recently, as long as the position is not at the very bottom and not particularly optimal, it can't even reach a thousand-point space. After the morning Bitcoin retreated to around 66,000, it has now rebounded to around 67,000. This formed a small box range at this level, and today is Friday. Compared to other times, the volatility might be a bit higher, but the overall outlook remains bullish. This morning, I missed the chance to buy during the rest period, so tonight I will wait for a good entry point to go long.
Technical analysis shows that around 65,600, a short-term double bottom support has formed. On the hourly chart, consecutive bullish candles with lower wicks indicate strong buying interest. Although the current price has not yet stabilized above 67,000, it has effectively broken through the previous minor downtrend line, damaging the short-term bearish structure. The moving averages show that the 5-hour and 10-hour MA have already formed a golden cross, and the MACD fast and slow lines are diverging below the zero line, with bullish momentum increasing. The RSI has risen above 50, indicating that the rebound has a solid momentum foundation.
Bitcoin trading suggestion: look for a move above 66,400 towards 68,400#加密市场行情震荡