October 20th, Monday early morning, Jingwen BTC strategy



BTC closed with a bullish candle yesterday, showing two consecutive bullish movements on the four-hour chart. The price has successfully broken through and stabilized at the middle band of the Bollinger Bands. Clearly, it cannot drop from here, so let's look at the position of 11w!

The Bollinger Bands maintain an upward opening shape, and all moving average indicators are simultaneously releasing positive signals. However, also be aware of short-term pullback risks, with the main focus on buying during retracements.

BTC: Around 108500, looking up to 11w#Gate9月透明报告出炉 #加密市场回调 #十月降息预测 #PI #BTC
BTC2.34%
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