3.13 Bitcoin Market Analysis
Bitcoin Daily Chart - Four consecutive bullish candles, morning strong breakout above previous highs, Bollinger Bands slowly widening, price trading below upper band, overall strong momentum.
Technical indicators: KDJ crossover golden cross, MACD dual lines diverging upward, volume slightly expanding, short-term bulls dominating.
Last night U.S. stocks opened and closed lower, but Bitcoin did not follow suit, mainly supported by continuous spot ETF capital inflows.
However, macro uncertainty remains - Middle East situation and Iran tensions are potential risks; if
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