August 13 BTC morning market analysis:



From the 4-hour chart, the price has successfully broken through key resistance levels and has stabilized above important moving averages. The Bollinger Bands are widening, and the price continues to rise along the upper band, indicating that bullish strength is continuously increasing and the upward trend is strong.

Trading suggestion: Long positions in the range of 118500-119300, with a target towards 121500-122000.
BTC-0.15%
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