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Bitcoin’s price action today is really something!
It rallied from the low of 78,235 all the way to the high of 80,590, with an intraday gain of over 1.7%, and a net capital inflow of nearly 5.7 billion—bullish momentum is in full force!
Even though the price has seen a slight pullback now, it still holds steadily above the upper Bollinger Band. The KDJ is consolidating at high levels, the MACD red histogram continues to expand, and the upward momentum shows no sign of weakening at all.
With Bitcoin setting the stage, Ethereum’s second coin is moving up in sync as well. The trend hasn’t turned bad—so instead of chasing highs, it’s best to buy the dips to catch this bullish run, which still has plenty of room to play out!