BTC is still bullish in the long term next week, with the specific strategy as follows:
The weekly rising channel is intact, with the current price around 117300. If it holds above 115000, it will look towards 125000-130000 in the medium term; however, the daily chart shows a pullback, breaking below the MA20 moving average, with MACD showing a death cross and RSI (14) at 45, indicating a short-term bearish trend.
Support level 115000-116000, if it breaks down or dips to 112000, it may even trigger selling pressure; resistance level 119000, only a breakthrough with a strong bullish candle can
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