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$BTC 10.23 Xincheng Afternoon Bitcoin Outlook
Four-hour analysis: After experiencing an initial pullback, Bitcoin found support around 106,500 and began to fluctuate upward. The daily chart shows consecutive bullish candles, with the price stabilizing above the upper band of the Bollinger Bands. The MACD indicator is starting to show bullish momentum.
Trading suggestion: Go long between 109,400 and 109,900, targeting 111,000 and 112,000.
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