8.9 Bitcoin Afternoon Strategy

From the four-hour chart, the bullish sentiment for Bitcoin is clear. The price remains above the moving average system, forming strong support. After the MACD indicator's golden cross, the red bars continue to expand, with bullish momentum continually building up. The KDJ three lines are diverging upwards, indicating strong short-term upward momentum. One can lightly position long orders when there is a pullback to the moving average support level, with strict stop-loss measures.

Bitcoin can be viewed as bullish around 116000-116500, with the first target near 117000. #btc