Crypto world Red Sister 12.2: Bitcoin big short is coming, long order entry needs to be cautious! Today's Bitcoin (BTC) latest market analysis and operation suggestions!


#十二月行情展望 #比特币行情观察 ##$BTC $ETH
The current price of Bitcoin is around 84700. Bitcoin has once again been affected by the US stock market, dropping below 84000 in the evening. Currently, the K-line is rebounding slightly within the lower track of the 1H channel. The RSI's three lines are rising and approaching 30, while the KDJ's three lines are rebounding weakly below 50, continuing to move downwards. The bearish trend still dominates at a low level. The BOLL three tracks continue to move downward without convergence, and the upper pressure can still connect to the key middle track and the MA7 area for short positions.

The target below looks at whether it can hold above the low point of 83600 from the 22nd of last month. If it breaks down, it will continue to probe near the lower track of the daily chart at 91950. From the performance in MACD, the green bars continue to reduce in volume, and the DIF and DEA continue to converge. Currently, a death cross has not yet formed. The three lines of KDJ are closely bound and crossing downwards through 50, and the three lines of RSI are crossing downwards through 30, indicating that the bearish trend has not yet completed. Those who want to bottom out should still be cautious, and the mindset should still maintain a position for high short entries. This is something that Hong Jie mentioned yesterday; as long as the 4H second closure fails, it is safe to go short!

Selling point share: ≥86000 light short, stop loss above 87000. Take profit at 84600-83600, if breaking 83500-83000 can continue to hold until near 82000.

Buying point sharing: ≤82000 long order, stop loss below 81200. Take profit at 83500-84500-85500, break point 86000-86500 can continue to hold.

There is a delay in article review push, the above points are suggestions for reference only, please grasp the timing of buying and selling on your own, when getting on board please take precautions, do not operate with heavy positions! Thank you for reading!
BTC1.65%
ETH5.98%
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