Bitcoin cycle signals are diverging, with overall sideways movement under pressure. Although the four-hour chart shows continuous bullish momentum, the price remains close to the middle band of the Bollinger Bands, with significant resistance above and insufficient trading volume, indicating weak short-term breakout potential.
On the one-hour chart, the MACD indicator is approaching a golden cross, with moderate bullish volume increase. A short-term weak rebound may occur, but caution is advised for a pullback after the rebound loses strength.
Based on multi-timeframe technical resonance, it is recommended to focus on high-position selling, strictly control positions, and avoid blindly chasing.
Enter the market selectively around 92600-93500, aiming for 91000-90000, while paying close attention to volume changes and the middle band of the Bollinger Bands in real-time, and flexibly adjusting position strategies. $BTC #美联储降息预测
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
12.12 Morning Bitcoin Sharing
Bitcoin cycle signals are diverging, with overall sideways movement under pressure. Although the four-hour chart shows continuous bullish momentum, the price remains close to the middle band of the Bollinger Bands, with significant resistance above and insufficient trading volume, indicating weak short-term breakout potential.
On the one-hour chart, the MACD indicator is approaching a golden cross, with moderate bullish volume increase. A short-term weak rebound may occur, but caution is advised for a pullback after the rebound loses strength.
Based on multi-timeframe technical resonance, it is recommended to focus on high-position selling, strictly control positions, and avoid blindly chasing.
Enter the market selectively around 92600-93500, aiming for 91000-90000, while paying close attention to volume changes and the middle band of the Bollinger Bands in real-time, and flexibly adjusting position strategies. $BTC #美联储降息预测