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1.17 Weekend Bitcoin Analysis
The four-hour MACD indicator has formed a death cross, with green momentum bars continuing to expand. The bulls are quickly gaining dominance, and the KDJ three-line is turning downward simultaneously, entering a weak zone. Previous support moving averages have now turned into resistance, and the price rebound is weak.
Personal suggestion, for reference only (strictly set stop-loss)
Around 96,000 for Bitcoin, buy at 97,200 if it dips, target 94,800, 93,000$BTC