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Analysis and Trading Suggestions for BTC on the Morning of 8.27
The price of the coin has broken through the middle and upper bands of the Bollinger Bands, showing a reversal after six consecutive up days. In the short term, the upper and middle bands have changed from resistance to support, indicating a trend reversal. The price has not retraced at the upper band, showing strong bullish momentum. Although the volume is weak, the breakthrough of the key resistance is real; if it retraces to stabilize at the middle band, it will rise, suggesting a short-term buy.
Operation suggestions;
Near 111000～110600, the target focus is on 113000#Gate广场七夕心意 #加密市场回调 #特朗普罢免美联储理事库克 #上市公司融资扩大加密储备