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1.2 Friday Night Bitcoin Market Analysis
Don't hesitate! Keep up the pace, the time for the bears to eat is here!
The 4-hour BOLL upper band is strongly resisting from above, and the middle band is almost unable to support! The candlestick shows a sharp rise followed by a pullback with a bearish engulfing pattern, short-term moving averages are all turning downward, MACD red bars are rapidly shrinking, and the fast line is turning down—bearish signals are now flashing red!
Short-selling range: 89,500, with a target directly at 87,000! If the lower band is broken, the decline will accelerate!