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Analyst: The Bitcoin daily chart shows a doji, market sentiment is becoming more cautious

Analyst: The Bitcoin daily chart shows a doji, market sentiment is becoming more cautious

Bitget2024/11/29 02:44

According to analyst Charging Duck Army on X, Bitcoin (BTC) has recently shown a small negative line in the form of a doji star during recent trading days. The volume was one third less than the previous day and half as much compared to the previous few days, indicating market hesitation. Although the daily MA30 line still maintains an upward trend, the MACD indicator shows that downward momentum has increased, suggesting that the market may enter a short-term uncertain stage.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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