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Bitcoin surged with a massive bullish candle that pierced through the Bollinger Band upper rail, reaching around 71500.
This "bald" large bullish candle is a typical breakout pattern, signaling the end of the consolidation range.
The MACD histogram continues to expand with strong red bars, DIF powerfully crossing above DEA, bullish momentum erupting like a rocket.
KDJ triple golden cross pointing upward, values in strong zones with no overbought divergence yet, uptrend momentum still intact.
Bitcoin is currently in a rebound window, overall trend maintaining a bullish bias.
On dips near 70000-69600, continue to go long. On the upside, target 71500-71890-72300, with a breakout above 72800 potentially retesting above 75000!