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The price of Bitcoin (BTC) has increased by 9.61% over the past seven days.
🔸 Summary: The price of Bitcoin (BTC) has risen by 9.61% over the past seven days, currently reaching $102,828.49, after increasing by 10.12% from its lowest point in 7 days. Trading volume has significantly decreased by 98.81% from its highest level in 7 days, which is notable because sudden spikes in trading volume often precede price increases in Bitcoin.
📈 Technical Analysis:
The MACD indicator points to a neutral market with uncertain momentum, while the Relative Strength Index (RSI) and the On-Balance Volume (OBV) indicate market stability and ongoing bullish sentiment, while the expansion of Bollinger Bands highlights increasing market volatility with a mostly upward trend.
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