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Wednesday Night Bitcoin and Altcoin Strategy
Bitcoin 4-hour chart retraced to the lower Bollinger Band and stabilized, KDJ indicator rebounded from the oversold zone, with the J line crossing above the K and D lines first, forming a bullish crossover signal at low levels, indicating short-term rebound momentum is building. The Bollinger Bands are narrowing, volatility is contracting, and the current price is repairing between the lower band and the middle band, likely to test around 92,000 in the near future.
Evening Trading Strategy
Bitcoin ranges between 88,500-89,000, aiming for 90,500 and targeting 92,000
Altcoin ranges between 2,920-2,950, aiming for 2,980 and targeting 3,080