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Wednesday, 28th - Bitcoin Analysis
The four-hour level price comparison continues to be under pressure below the MA144 and MA169 medium to long-term moving averages. The rebound momentum is insufficient, and it has failed to break through the key resistance zone. Although the MACD indicator shows a narrowing green histogram, the DIF remains below DEA. The correction strength of the Dodo head is limited. The KDJ indicator has entered the overbought zone, and there is a subsequent risk of a reversal and downward correction.
Personal advice, for reference only (strictly set defensive measures)
Bitcoin around 90100, buy on dips at 91300, target 88500, 87000$BTC