Bitcoin currently, on the daily chart, after last Tuesday's pullback, has not made a new low for two days and has stabilized near the moving averages.
The likely selling pressure has been mostly exhausted, and the four-hour MACD momentum is also beginning to weaken, with a golden cross already forming, indicating a potential upward trend.
Therefore, it is still optimistic about a new wave of rally at the Monday open, but short-term corrections are expected to continue!$BTC
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Bitcoin currently, on the daily chart, after last Tuesday's pullback, has not made a new low for two days and has stabilized near the moving averages.
The likely selling pressure has been mostly exhausted, and the four-hour MACD momentum is also beginning to weaken, with a golden cross already forming, indicating a potential upward trend.
Therefore, it is still optimistic about a new wave of rally at the Monday open, but short-term corrections are expected to continue!$BTC