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Bitcoin intraday momentum continues to increase, with oscillations upward reaching a high near 71,200. Currently, there is a slight pullback to around 70,600. Our intraday target has been perfectly achieved, closing at 17,000➕40 points.
From the 1-hour chart, the candlesticks are under pressure at the upper Bollinger Band, which is trending upward. The MA5 and MA10 moving averages are in a golden cross.
From the 4-hour chart, the candlesticks have formed three consecutive bullish days, breaking through the upper Bollinger Band, which is opening up. The MA averages are in a golden cross trend. Momentum bars for momentum are increasing.
Tonight's forecast: around 70,800-71,300, looking toward 69,800-68,800
Tonight's forecast: around 2,080-2,100, looking toward 2,030-2,000
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