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BTC Mid-Term Bullish Signal: Bullish Engulfing and CCI Breakout

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BTC
$88,245.80-0.02%
Bitcoin shows a bullish trend as it rebounds above $84,000, forming a bullish engulfing pattern on the daily chart. The MACD crossed above and the CCI broke previous highs, signaling stronger momentum. A close above $86,000 could push BTC toward $96,000. However, a bearish reversal may occur if the support breaks twice. The fear and greed index currently reflects moderate optimism among traders.
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