#BTC# 8.20 midnight analysis


The BTC 1-hour candlestick chart shows a strong upward trend. The price is steadily running above the short-term moving averages, which are perfectly aligned in a bullish pattern. The MACD indicator continues to rise in the strong zone, with the red bars constantly expanding, and the trading volume effectively increasing in sync, indicating that the bullish power is in absolute control, and the short-term upward trend is expected to continue.
Suggestion: Buy around 113000, watch 113600 to 114200.
BTC0.32%
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