Friday Bitcoin Analysis

From a technical perspective, the daily line showed two consecutive positives. In the early morning, the price of the currency broke through the middle track resistance and stabilized. The Bollinger Bands closed, and the KDJ and MACD indicators formed a golden cross. The volume increased, and the overall bullish trend was bullish. At the four-hour level, the Bollinger Bands opened sharply, the currency price broke through the upper track, the KDJ formed a second golden cross but the upward trend slowed down, and the MACD continued to diverge upward. The volume increased, the trend was bullish, but the indicators were at a high level, and there was a need for repair in the short term.

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