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Recently, the Bitcoin market trend has confirmed analysts' predictions. Investors who operated according to professional advice should have garnered decent returns. However, there are still many people trapped in this wave of market movements, reflecting the complexity and fluctuation of the market.
From a technical perspective, the four-hour chart of Bitcoin shows that a golden cross is taking shape, which is a positive signal indicating that bullish momentum is strengthening. This trend formation injects new vitality into the market and may herald a larger upward movement on the horizon.
Although this round of increase has not broken through certain key resistance levels, it does not mean that the hopes for a bull market have been shattered. On the contrary, it may just be a brief consolidation, preparing for the next wave of stronger increases. Market participants' focus may now shift to whether Bitcoin can return to the vicinity of its historical highs.
In this market environment, investors need to remain patient and rational, closely monitor market trends, and manage risks effectively. After all, the high fluctuation of the cryptocurrency market presents both opportunities and challenges that require careful handling.