1. $BTC Technical Analysis The rise that started from 111920 is the final segment of the overall rise that began from 74508; The current decline is nearing the point of consuming this last bit of the rise, and the level may have expanded to a correction targeting the rise from 74508 to 124474; The rise from 74508 to 124474 may be the fifth segment of the overall rise that started from 15476; So let's first assume a few key support levels and observe the price behavior when it reaches them, from near to far: 112000 (the starting point of the last segment), 108706 (today's price, daily MA120), 92503 (today's price, 3-day MA120), 74508 (the starting point of the ending diagonal). Indicators: The daily indicators for BTC are neutral, bearish below the daily level, and in a corrective process from a high position (overbought) above the daily level; It is particularly important to note that if the daily bullish trend continues to weaken, the weekly MACD will form a death cross, which...
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