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BTCUSD 19 Feb 2024

BTCUSD 19 Feb 2024 on the weekly timeframe, it looks like this crypto is experiencing a pretty good bullish trend, which led him to successfully occupy the price position of 51876.42. Being well above the kumo cloud on the ichimoku indicator, makes it still possible for this crypto to continue its bullish trend. However, if referring to the stochastic indicator, it appears that the chart has entered a saturated zone due to overbought. If there is a trend reversal due to this saturation, then go-short can be an option for traders. However, if this crypto is able to continue to survive and continue the bullish trend, then go-long is still an option. Keep an eye on many indicators before making a trading decision.

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