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$BTC Friday Bitcoin Morning Outlook
Yesterday rode the trend all the way short and all targets were reached, with the rhythm fully on point. Today, the hourly chart is moving very clearly, and the bears are dominant.
The Bollinger Bands are opening downward. Price has already fallen below the middle band and is moving toward the lower band, indicating that further downside room is still there. The MACD has been staying under the zero line; although there are occasional small rebounds, the red bars simply can’t rise—buyers have no strength.
Trading reference: short within the 65,700–66,100 range (squeeze).