#BTC# 8.19 morning analysis


The 1-hour K-line of BTC shows a strong upward trend. The price remains above the short-term moving averages, which are in a bullish arrangement. The MACD indicator has maintained an upward trend after a golden cross, with red bars continuously expanding, indicating strong bullish momentum. The trading volume is also increasing, with active market buying, and the short-term upward momentum is strong, likely to continue the upward trend.
Suggestion: Buy around 115500, look at 116100 to 116700.
BTC-1.57%
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