BTC has returned to the price level where it started to fall on Monday, with a round-trip fluctuation of nearly 20,000 points. Today, the 4-hour chart once again hit a high of 93,300. I am more optimistic that this round will continue to break through to around 96,000 or even 98,000.
Looking at the chart, after the spike above 93,000, there wasn’t much of a pullback, indicating that the upward momentum is still sufficient. During the day, as long as the pullback tests 92,563-92,238 and does not break below, the right-side setup is valid. Keep an eye on long positions near this area, with upside targets at 93,800-96,000-98,000.
For conservative long-term left-side trades, pay attention to the 4-hour pullbacks to 90,600-89,200 (this will take time). Volatility has been high recently, so make sure to protect your positions and don’t hesitate to stop out losing trades. Don’t take chances. #十二月降息预测
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Wednesday:
BTC has returned to the price level where it started to fall on Monday, with a round-trip fluctuation of nearly 20,000 points. Today, the 4-hour chart once again hit a high of 93,300. I am more optimistic that this round will continue to break through to around 96,000 or even 98,000.
Looking at the chart, after the spike above 93,000, there wasn’t much of a pullback, indicating that the upward momentum is still sufficient. During the day, as long as the pullback tests 92,563-92,238 and does not break below, the right-side setup is valid. Keep an eye on long positions near this area, with upside targets at 93,800-96,000-98,000.
For conservative long-term left-side trades, pay attention to the 4-hour pullbacks to 90,600-89,200 (this will take time).
Volatility has been high recently, so make sure to protect your positions and don’t hesitate to stop out losing trades. Don’t take chances. #十二月降息预测