December 12 Bitcoin Market Outlook



Bitcoin Bollinger Bands continue to narrow, with strong support at the lower band. Once the price stabilizes above the midline, the upside potential will be fully unlocked.

The overall market remains volatile within a wide range, with daily candles showing long lower shadows. On the four-hour chart, bearish momentum is shrinking, and on the hourly chart, bullish volume is gradually decreasing. Currently, the bulls are launching an upward assault, and the trading strategy should focus on buying on dips.

Bitcoin Trading Suggestions: Pullbacks around 91,700-90,800, with an upward target of 93,000-94,500. If the resistance is broken, the upward trend will continue. #美联储降息预测 #加密市场反弹
BTC-1.9%
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