Yesterday, Bitcoin was in a downward trend throughout the day, only to surge strongly to the 92,000 level in the evening. However, the bullish momentum was clearly insufficient, and it retreated again to around 90,500 overnight. The weekend market movement is relatively slow, so it is recommended to mainly observe and rest. For entry, it is suggested to buy on dips.
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1. Bitcoin Analysis
Yesterday, Bitcoin was in a downward trend throughout the day, only to surge strongly to the 92,000 level in the evening. However, the bullish momentum was clearly insufficient, and it retreated again to around 90,500 overnight.
The weekend market movement is relatively slow, so it is recommended to mainly observe and rest.
For entry, it is suggested to buy on dips.
Recommended buy zone for Bitcoin is around 89,000-90,000.
Target can be set near 91,500-92,500.
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