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Sunday Night Bitcoin and Altcoin Strategy
Bitcoin Bollinger Bands continue to contract, forming a "squeeze" pattern, trading around 90500. Key support levels are 89500-90000, with resistance at 91500.
The hourly chart shows strong support in the 89500-90000 range, with selling pressure diminishing. RSI has rebounded to a neutral to slightly bullish zone, forming a solid bottoming structure, and bullish momentum is accumulating.
Trading Strategy:
Bitcoin ranges between 89500-90000, with a target of 91500, aiming for 93000.
Altcoin (second coin) ranges between 3050-3080, with a target of 3150, aiming for 3200.