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1.16 Friday Bitcoin Analysis
After the four-hour MACD death cross, the green bars expanded wildly, with the DIF and DEA gap continuously widening. The momentum of the candlestick body is being explosively released. The KDJ indicator has all broken through the oversold threshold, and the weak downward trend has been established.
Personal suggestion, for reference only (strictly set defensive measures)
Bitcoin around 96200, see 97200 for补, target 94800, 93000$BTC