10.18BTC Analysis: Today, Bitcoin is bullish, and I firmly see a long position if it retraces to 106,500! First, the conclusion, then let's elaborate on the logic.
From a technical perspective, the BTC price is currently around 107,445, having stabilized above the MA7 moving average of 106,480, forming short-term support. Although the MACD indicator is in negative territory, the difference between DIF and DEA has narrowed to -10.1, with green bars shrinking, indicating a weakening of bearish momentum and a potential golden cross signal; the RSI indicator has also rebounded from the oversold area, with RSI(6) rising to 47.5, showing that bullish momentum is gradually strengthening. On the news front, market sentiment is improving, with increased capital inflow, boosting the upward momentum. #币安HODLer空投ZBT #加密市场回调 #Ripple拟建10亿美元XRP储备 #现货黄金创历史新高 #鲍威尔发言 $ETH $BTC $SOL