Crypto Circle Sister Hong 12.4: Bitcoin Bulls Expand Again, Aiming for 96,000 This Week! Latest Bitcoin (BTC) Market Analysis and Trading Suggestions!

‍#十二月行情展望 #十二月降息预测 #加密市场回暖 $BTC $ETH
Bitcoin is currently around 93,000. On the 1H chart, Bitcoin tried to dip below the MA30 line three times tonight but failed each time. The short order set up by Sister Hong during the day only had a 1,500-point range, indicating that the bulls are still strong. The price has returned above the middle band, the MACD red bars are shrinking again, after the DIF and DEA dead cross and closing, RSI’s three lines are converging and moving up near 65, KDJ’s three lines are also rising near the overbought area, and RSI’s three lines are crossing upward, approaching 70. This suggests that the price may continue to break upward and challenge the upper band for a new high. Sister Hong suggests moving short positions higher, and for short-term support, continue to watch the MA30 and the lower band for long entries.

If the price breaks above the previous high and the daily MA30 and EMA30 cross again during the day, it could continue to test the daily upper band at 96,500. On the daily chart, the MACD green bars continue to increase, the DIF and DEA are still opening up, KDJ’s three lines are crossing and sticking upward near 90, and RSI’s three lines are also crossing upward near 65. This indicates the bulls are still in control and the uptrend is not over yet. You can still consider entering on dips for long positions, but for long-term shorts, you need to be patient and wait!

Selling point suggestion: Light short ≥96,000, stop loss above 97,000. Take profit at 95,000-93,800-92,000. If it breaks below 91,800-91,500, you can continue to hold.

Buying point suggestion: Light long ≤92,000, stop loss below 91,200. Take profit at 93,800-95,000-96,000. If it breaks above 96,500-97,000, you can continue to hold.

There may be a delay in article review and publishing, so the above price points are for reference only. Please make your own trading decisions and risk management, and avoid heavy positions! Thank you for reading!