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RE: Bitcoin Price is Trying to Stay Above the Middle Line of Bollinger Bands
Hey @chorock, thanks for sharing your insightful Bitcoin analysis! I appreciate how you've broken down both the potential bearish signals (those red weekly candles and the Bollinger Band implications) alongside the bullish indicators like the RSI resistance and MACD reversal. The charts are super helpful in visualizing these patterns.
It's this balanced perspective – acknowledging both sides of the coin – that makes your analysis stand out. Are you watching any other key indicators besides RSI in the coming weeks? I'm curious to hear what price point would solidify a breakout for you! I am following!