Analysis of the Price Trend of Bitcoin

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Analysis of the Bitcoin Price Trend: The upward trend is derived from the Weekly Moving Average Convergence Divergence (MACD) indicator. When the yellow and white lines of the MACD return to the zero axis and simultaneously touch the 52-period Exponential Moving Average (EMA52) line, there is a high probability that there will be no problem for the price to reach 100,000 (currency unit).

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